Legal Assistance For Appointed Trustees
A trustee is an individual appointed under a trust agreement. It may also be the executor of a deceased person’s estate. As a trustee, your responsibility is to the trust or to the estate and you must act in its best interest. Our Vancouver firm of Edward F. Macaulay Law Corp provides legal advice to trustees on their duties and represents clients who seek to remove a trustee.
Protecting The Best Interests Of The Estate Or Trust
As a trustee, there are several requirements placed upon you. In general, you must:
- Execute the terms of the estate or trust in a timely manner
- Administer assets according to the terms of the will or trust
- Act responsibly
- Act with fidelity
You must also act in a way that benefits all beneficiaries. This is accomplished by acting in the best interests of the trust or estate, and not necessarily agreeing to the course of action preferred by beneficiaries. A lawyer can provide ongoing guidance and advice to trustees regarding their role and appropriate courses of action.
Edward F. Macaulay is recognized among his peers for his knowledge of wills and estates law. Several of his publications have appeared in educational materials for the professional development of other lawyers. Our firm’s commitment to client service and objective, practical advice sets us apart.