Trustee Checklist
A checklist of annual or quarterly events a trustee needs to complete to not breach fiduciary duty. Example: file tax returns, match distributions with beneficiaries and conditions, revisit IPS of trust investment account. I would ask an attorney to make the list.
Comments: 6
-
20 Jun, '20
Jonathan Elks MergedAn overall topic could be sudden money
-
31 Jan, '21
Shannon Moenkhaus MergedI would like to see language about potential disclaimers that could be made along with general powers of appointment!
-
19 Feb, '21
emily@fppathfinder.com Admin"Becoming your Own Trustee" (suggested by Shannon Moenkhaus on 2021-01-31), including upvotes (2) and comments (0), was merged into this suggestion.
-
19 Feb, '21
emily@fppathfinder.com Admin"Being a Responsible Trustee" (suggested by Shannon Moenkhaus on 2021-02-08), including upvotes (2) and comments (0), was merged into this suggestion.
-
13 Jun, '22
ChrisGranger Admin"Issues to Consider when acting as Trustee for another person's trust" (suggested by Denny on 2021-06-18), including upvotes (1) and comments (0), was merged into this suggestion. Original language from this merged suggestion: "Things to consider if it's a family member and the family dynamic.
Also, if it's a non family member if there are other considerations.
A similar check list may be helpful when acting as POA." -
13 Jun, '22
ChrisGranger Admin"Inheritance checklist" (suggested by Greg on 2020-02-01), including upvotes (5) and comments (2), was merged into this suggestion. Original language from this merged suggestion: "Navigating different inherited assets. What are different trusts you might see. What are the different assets and titles you might see within different trusts or outside of trusts. What to expect as a trustee and what to expect as a beneficiary."