What Are the Duties of a Trustee?

If you have been named a trustee, it is important that you speak with a Coronado estate planning attorney who can help. Trust administration can be confusing, especially if you were close to the person who passed and have an emotional stake in the situation. At RMC Morton Law, APC, we are here to help you avoid many types of problems, mistakes, or accusations of breach of fiduciary duty.

Your duties may include:

    • Collecting the assets and inventorying them
    • Managing the property included in the trust
    • Maintaining proper accounting records
    • Paying taxes or other obligations
    • Valuing the assets
    • Distributing the assets

This area of law can be complex, which is why hiring legal representation is essential. We can answer your questions and guide you in the right direction. Contact us now at (619) 435-1858 to learn more about how we can assist you.