Controlling the trustee’s administration of a trust
1 Articles
1 Articles
Controlling the trustee’s administration of a trust
Typically the settlor of a revocable living trust is also the initial trustee until they either resign or are unable to manage the affairs of the trust due to incapacity or death. While the settlor is alive and competent, however, the settlor of a revocable trust may still direct the trustee’s administration of the settlor’s trust owned assets. This is because assets in a revocable trust belong to the person who has the power to revoke the tru…
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