Duties Of Trustee

What are the duties of the Trustee of a Land Trust? What accountability does the Trustee have to the Beneficiary of the Trust?

Comments(1)

  • JohnMerchant11th December, 2004

    In general the duties of a trustee are to honestly represent the best interests of the beneficiary.

    The trust agreement itself may set forth other more specific duties.

    Suggest you go get a good book on trusts and their uses, lots of which have been written by lawyers for laymen...try NOLO PRESS, Amazon, etc.

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