I Am Administering a Trust Do I Have to Sell the Business Interest Held by the Trust?
When administering a trust, some trustees automatically assume that they must sell the business interest that is held in the trust.
Articles about Administer a Trust
Trustees: Consider a Section 17200 Petition for Help With Unresolved Issues
Section 17200 Petitions are an example—they allow trustees and beneficiaries to petition the court concerning the internal affairs of the trust administration.
Three Reasons You Need to Locate All Trust Assets ASAP
As trustee, you want to make sure to do your job well. Your next step should be to locate all trust assets. This serves 3 purposes. Read more here.
How to Learn More About Your Job as Trustee
Understanding what your job as trustee involves and how to complete the tasks required when you serve is important. We are here to help when you need it!
As a trustee, am I legally responsible if something goes wrong with the trust administration?
Yes, as a trustee it is possible that you could be legally responsible if something goes wrong with the trust administration.
Trustee of a California Trust? Eight Potential Tax Issues to Be Wary of
Unfortunately, it is no different for the trustee or executor who must oversee the payment of estate, income, and other tax issues.