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What exactly is the role of a Trustee?

April 26, 2017Trustee

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What exactly is the role of a Trustee?

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Careful investing is an important duty; but it’s not the only one that Trustees perform. Your trust agreement may stipulate other duties. Among the general duties of trustees are: managing trust property, investing trust assets, distributing trust income to beneficiaries, setting tax strategies, careful record-keeping and answering beneficiaries questions.