by PTC Research | Sep 1, 2022 | Articles
As a Trustee, you have a duty to the beneficiaries of the trust to be informed regarding tax planning, or at the very least hire qualified professionals to assist with appropriate tax planning on behalf of the trust. This article will provide a brief overview of the...
by PTC Research | Sep 1, 2022 | Articles
A fiduciary is a person, such as an attorney or trustee, who has a legal or ethical duty to act in the best interests of another person or group of persons. For example, an attorney has a fiduciary duty to act in the best interests of the client, and the trustee has...
by Christian Niklas, Esq. | Nov 2, 2021 | Articles
You should know about these important changes in the statutes of limitations. This content is for members only. If you are a member, please log in. Visit our membership page if you would like to become a member. ...
by Christian Niklas, Esq. | Nov 2, 2021 | Articles
In Arizona, a violation of a duty the trustee owes to a beneficiary is a breach of trust. Ariz. Rev. Stat. Ann. § 14-11001. Such duties include, but are not limited to, the duty to administer the trust in good faith, A.R.S. § 14-10801, the duty of loyalty, A.R.S. §...
by Christian Niklas, Esq. | Nov 2, 2021 | Articles
In Texas, can contingently remainder beneficiaries have standing to assert claims regarding trust administration? We will look at 2 cases with different outcomes to analyze that question. In the first case, John Little, Jr. (Father) created a will and a revocable...
by Christian Niklas, Esq. | Nov 2, 2021 | Articles
You have been named as a trustee or a successor trustee of a Florida trust. That means the settlor has shown supreme confidence in you to administer the trust assets to care for the trust beneficiaries according to the terms outlined in the trust. While your...
