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.
When administering a trust, some trustees automatically assume that they must sell the business interest that is held in the trust.
If you are a trustee dealing with trust problems with beneficiaries, you can protect yourself and the trust by doing the following.
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 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.
Section 17200 Petitions are an example—they allow trustees and beneficiaries to petition the court concerning the internal affairs of the trust administration.