Category: Trustees

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woman looking at computer
Updated on: 06/23/2025

Yes, trustees can be held personally liable for losses sustained by the trust if they are found to be in breach of their fiduciary [...]

Yes, trustees can be held personally liable for losses sustained by the trust if they are found to be in breach of their fiduciary […]

father and son reviewing documents
Updated on: 07/24/2025

Executive Summary Introduction In most cases, the person responsible for managing a trust can also receive benefits and assets from the trust. Even though [...]

Executive Summary Introduction In most cases, the person responsible for managing a trust can also receive benefits and assets from the trust. Even though […]

father and son having conversation
Updated on: 10/22/2025

Generally, a successor trustee cannot change or amend a trust. Most trusts are initially managed by their creator or original trustee, while they are [...]

Generally, a successor trustee cannot change or amend a trust. Most trusts are initially managed by their creator or original trustee, while they are […]

Can a trustee remove a beneficiary from a trust
Updated on: 09/24/2025

Can a trustee remove a beneficiary from a trust? Yes. Is it common? No. Upon the death of a decedent, most trusts become irrevocable. [...]

Can a trustee remove a beneficiary from a trust? Yes. Is it common? No. Upon the death of a decedent, most trusts become irrevocable. […]

California Probate Code trustee duties explained
Updated on: 11/26/2025

Key Takeaways Introduction A trustee serves a vital role in carrying out the interests of a trust creator, also known as a trustor, and [...]

Key Takeaways Introduction A trustee serves a vital role in carrying out the interests of a trust creator, also known as a trustor, and […]

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