Directed Trustee News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Under present California trust law, trustees are the only fiduciaries (i.e., legally appointed representatives) with the duty, authority and power to administer a trust’s assets, liabilities and financial and legal affairs.   The trustee’s primary duty is to carry out the terms of the trust for the benefit of the beneficiaries. 

The Tennessee legislature continues to take action to maintain Tennessee's status as one of the foremost states in which to situs trusts. The legislature's most recent enhancements to...