Trust Administration 104 – Treating Beneficiaries Equally and Impartially
As a trustee, if there are multiple beneficiaries, you are required to treat all beneficiaries equally.
As a trustee, if there are multiple beneficiaries, you are required to treat all beneficiaries equally.
Under California law, a trustee is obligated to keep the beneficiaries of a trust apprised of what is happening with the trust.
Commingling funds is when one or more parties blend or mix funds from different sources into one or more accounts. In a trust administration, this can occur in a number of different ways.
As a trustee, if there are multiple beneficiaries, you are required to treat all beneficiaries equally.
Under California law, a trustee is obligated to keep the beneficiaries of a trust apprised of what is happening with the trust.
Commingling funds is when one or more parties blend or mix funds from different sources into one or more accounts. In a trust administration, this can occur in a number of different ways.
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