One Job, Many Roles

The role and responsibility of the trustee seem obvious at first glance to manage the wealth left in trust for the good of the beneficiaries. Much has been written about trustee duties. Detailed and complicated state statutes govern trustee conduct. The courts have had their say and will likely be called upon even more in the future. Yet these established parameters tell only part of the story. The

The role and responsibility of the trustee seem obvious at first glance — to manage the wealth left in trust for the good of the beneficiaries. Much has been written about trustee duties. Detailed and complicated state statutes govern trustee conduct. The courts have had their say and will likely be called upon even more in the future. Yet these established parameters tell only part of the story. The reality is that the relationship between trustees and beneficiaries is often tense and challe

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