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Tag Archives: beneficiaries

The Duty of a Trustee to Provide an Accounting to Beneficiaries of a Family Trust

Inheritances can be complex matters, especially when they involve family trusts. These legal entities safeguard assets for beneficiaries, who are often designated family members. A trustee is a fiduciary named by the creator of the trust, known as the settlor. The trustee has a duty of loyalty and care to the beneficiaries that includes the […]