Acceptance Of Office By Trustee

  

Categories: Trusts and Estates, Tax

Sometimes A really does equal A. You, the trustee, actually accept your role as an officer to help to cure the disposition of an estate when its progenitor dies. You are essentially the human escrow account, acting on behalf of the beneficiaries. Do they receive the helicopter that was willed to them, or do you dump it on eBay and simply wire them the proceeds? Welcome to the office of being in the office of a trustee.

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