Conflict-Free Trust Administration Services in Los Angeles
If you have been named to serve as Trustee of a
Trust, the law imposes on you a number of fiduciary duties, meaning you have
the authority and legal obligation to perform certain tasks for the benefit
of the Trust Beneficiaries. Failure to fulfill these obligations in a
timely manner could result in serious legal consequences and monetary
damages. Do not take this nomination lightly – failure to take action
can have very negative consequences. We urge you to consult with an Attorney
in the event you learn that you are named to serve as Trustee. Our Firm
is well-equipped to guide you through the Trust administration process,
help you fulfill your legal duties as Trustee, and protect you from liability.
Learn more about the Trust administration process by calling
(310) 935-0706 or
contacting us online.
What Are the Duties of a Trustee?
Click here to see the main duties of the Trustee under the California Probate Code.
Some of these responsibilities are relatively straightforward, while others
are more nuanced. With our attorney’s guidance, you can make sound
legal and financial decisions that carry out the terms of the Trust, advance
the best interests of the Beneficiaries,
Even Trustees with the best of intentions may find themselves facing liability
because of inadvertent missteps. They might simply misunderstand their
responsibilities or the terms of the Trust.
