What is a Successor Trustee?
Update: 2020-12-08
Description
A successor trustee is tasked with managing the assets in your trust. This responsibility only kicks in, however, once you can no longer effectively serve as your own trustee. A successor trustee will eventually transfer your assets to your beneficiaries but must fulfill certain fiduciary duties before doing so. Learn more in this podcast of the Bottled Business Sense Show.
http://bottledbusinesssenseshow.com
https://www.avvo.com/legal-guides/ugc/duties-of-a-successor-trustee-following-the-death-of-the-settlor
Comments
In Channel