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What are trustees and what responsibilities do they have? - Mogers Drewett

Summary by Mogers Drewett
Trustees – what responsibilities do they have? Trustees have a wide range of responsibilities when administering the trust estate under their charge. What is a trustee? A trustee is a person or a firm that holds and administers property or assets held in a trust for the benefit of a third party. A trust can be created for a variety of purposes. For example, trusts can be established in bankruptcy situations or in certain types of retirement plan…
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Mogers Drewett broke the news in on Thursday, January 16, 2025.
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