The Trustee’s Guide to Trust Accounting Duties
In the state of California, trustees have a duty to keep the beneficiaries of the trust reasonably informed about the trust and how it is being administered. As part of this duty, trustees must provide all beneficiaries with an accounting of the trust assets and how they have been used. What is a petition for […]
How to File a Trust Accounting Objection
What is a trust accounting objection, when should you file a trust accounting objection, and how long do you have to file an objection? Here’s a helpful overview and guide. What is trust accounting? The Trustee of a trust is obliged to account, or provide information and records concerning the management of trust assets. […]