How is a family Trustee held accountable?

How is a family Trustee held accountable?

How is a family Trustee held accountable? Trustee Accountability A trustee can be held accountable in various ways for their actions or omissions while managing a trust. Here are some common methods: Breach of Fiduciary Duty: If a trustee fails to act in the best...
Description of a Narcissistic Trustee

Description of a Narcissistic Trustee

A Narcissist Trustee Description of a Narcissist Trustee A narcissistic trustee,someone entrusted with managing assets or affairs, would likely prioritize their own needs and desires above the interests of the beneficiaries, potentially exploiting their position for...
Who is a Trust Beneficiary?

Who is a Trust Beneficiary?

Who is a Trust Beneficiary? Definition of a Trust Beneficiary A trust beneficiary is a person or entity that is designated to receive the benefits of a trust, meaning they are entitled to receive income, assets, or other advantages as outlined in the trust document. ...