Contact Us
Subscribe to this blog via RSS
Join us on LinkedInCategories
- Tax Credits
- Tax Incentives
- Compliance
- Income Tax
- Americans with Disabilities Act ("ADA")
- Liability Waivers
- Taxation
- Corporate
- Employment Law
- Litigation
- Municipal Liability
- Small Business
- Business Entities
- Corporate and Business Tax
- Mergers and Acquisitions
- Closely Held Businesses
- Sales and Dissolutions
- Business Formation and Planning
Showing 1 post tagged trustee.
Trustee Discretion and Liability of an Individual
Posted In Business Formation and Planning
It's an understatement to say that the role of the trustee is fraught with pitfalls. Often times, a settlor creates a trust to suit his or her needs, but rarely does the settlor take into consideration, the difficulties the trustee will face when administering the trust. The discretion given to the trustee can provide a gateway for added liability, and the creation of a trust should take the twin concerns of trustee discretion and trustee liability into as much consideration as the disposition of the trust assets. More >
