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.
Articles about Administer a Trust
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.
10 Factors to Consider: Trustee Compensation in California
As you begin the process of implementing an estate plan in California, you may be wondering whether you are entitled to trustee compensation for your time.
Transfer Title to Cars Without Probate: Implementing a CA Estate Plan
In cases where the total assets is low you may be able to avoid probate and still transfer title to cars. Read more here.
Act Quickly: 10 Deadlines of a Trust Administration
During the trust administration process, the trustee must pay close attention to several important dates or deadlines of a trust administration
Five Tips to Help You Safeguard the Trust’s Assets
A Trustee’s duties begin immediately. One important part of your new role is to safeguard the assets of the trust. Read more here.