Key Takeaways Administering a trust requires careful attention to detail, as the trust administrator is responsible for managing the assets and ensuring they are distributed according to the terms of the trust. One of the key aspects of this responsibility is maintaining accurate and thorough records.  Not only is record-keeping essential for legal compliance, but…

Key Takeaways Serving as a trustee is a serious responsibility, not just an honorary title. You’re expected to manage someone’s legacy with care, and deadlines are a big part of that duty. If you miss an important date, you can face legal consequences, delays, or unhappy beneficiaries. This guide breaks down the key deadlines every…