Trust Basics: What You Need to Know about Trusts and How One Might Fit into Your Estate Plan from Raymond German
One of the biggest, and most common, mistakes people make when they create a trust is to simply appoint a spouse, adult child, or parent as the Trustee of the trust without considering what being a Trustee actually entails. After considering some of the varied Trustee duties and responsibilities it should be clear why you need to take time to appoint the right person for the job. Learn more about Trust Basics What you need to know about trusts in this presentation.
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