Trustees occupy the office of Trustee. As Trustee, they must pay all debts of the Trust. More than that, Trustees often also have an obligation to pay debts of a decedent even if the debt is not officially against the Trust. Things like credit card bills taken out in a decedent’s individual name may still […]
Category: Trust Administration
Since some Trusts are private, locating the Trustee and any formal information can be difficult. How do you know who the Trustee is in a Trust? That can be a tricky question. The problem is that Trust documents are not publicly recorded, and calling Albertson & Davidson Trust Lawyers can help you answer these questions. […]