When a loved one passes away, you may be put in the position of being a personal representative for that loved one’s estate. Also referred to as executors, personal representatives have a lot of responsibility when it comes to the administration of an estate, and understanding these responsibilities and obligations is crucial to: Properly and…
Wrapping up our three-part blog series, Your Trustee Duties: Here’s What You Need to Know, below, we will point out some additional administrative obligations that comprise trustee duties. Your Trustee Duties: More Administrative Obligations Are you ready for some professional help with your trustee duties? If so, contact the Denver trust and estate planning lawyer…
Being a trustee is a big responsibility that comes with both ethical and administrative obligations. Although you do not have to have an attorney inform you of these obligations or help you comply with them. If you try to administer a trust on your own (especially when you may have some other significant obligations in…
