September 7, 2011

Lessons for Trustees and Beneficiaries Part IV- Fiduciary Duties

Fiduciary duties are duties owed by a Trustee to the Beneficiaries of a Trust.  One of those duties is the duty of Impartiality.  Impartiality means that if a Trust […]
August 17, 2011

Lessons for Trustees and Beneficiaries Part II- Safeguarding Trust Property

A Trustee must take reasonable steps to take control of and protect trust property.  Hence, if it is tangible property, property that you can touch and […]
August 17, 2011

Lessons for Trustees and Beneficiaries Part I – What is a Trust and Who Has to Know About it?

What is a Trust? A Trust is a legal document that sets out the rules for the transfer of property (Ie. When the property will be […]