Edward Corey, Jr., Mary deLeo, Gary Rothstein, and Carlena Tapella, of Weintraub Tobin LLP, have made for download their article, “So, You’re the Trustee of an Estate…Now What?” published in JDSUPRA. The abstract is as follows:
An essential aspect of estate planning is the Trustee, who will be tasked to carry out wishes. This is such an important role that potential Trustees are usually asked if they would be willing to take on the responsibility before being named in a Trust. Occasionally, however, Trustees are surprised to find that they have been named. Regardless of how the role comes to you, the Trustor (sometimes called “Settlor,” “Grantor,” or “Trustmaker”) trusted you and believed you to be responsible. Selection as Trustee is an honor, but attorneys know that it can be quite an undertaking.
Click here to view Edward Corey, Jr., Mary deLeo, Gary Rothstein, and Carlena Tapella’s summary of “So, You’re the Trustee of an Estate…Now What?”
Posted by Isabella King, Associate Editor, Wealth Strategies Journal.