What do trustees do They have fiduciary Duties

>> YOUR LINK HERE: ___ http://youtube.com/watch?v=OCuhPYRp78E

Attorney Dan Krause explains to trustees what their responsibilities are. Specifically, what are fiduciary duties. A trustee must put her or his personal desires aside and manage a trust with the needs of the beneficiaries as their primary concern. A trustee must also manage assets prudently as a reasonable person would handle their own assets. • Of course, professional trustees are held to a higher standard. Their standard is managing assets as a reasonable professional trustee (not a reasonable person) would handle the assets. • Follow me to learn more about Wisconsin estate planning and elder law: • Facebook: / friendlylawfirm • LinkedIn: / krause-estate-planning-elder-law-center • Website: https://www.estateplanningpeople.com/

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