Administration of Estates

Trustees are often appointed by a settlor of a private or charitable trust and can have roles and responsibilities that can take the form of bare trustees, custodian trustees and advisory trustees. The role of a trustee is one of importance because it compels or prohibits anyone who holds that role from acting a certain way, and is a reflection of the fiduciary relationship between a trustee and beneficiary. There are certain duties that must be fulfilled by trustees and any breach is treated seriously which can then lead to the removal of a trustee.

If you are a beneficiary, or alternatively a trustee who has an issue with another person holding the position, there are certain legal avenues that you are able to pursue and if you need any assistance with your matter, please seek the help of a lawyer via FindLaw no matter where in Australia you are.


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Articles matching Administration of Estates

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Date: 05 Oct 2016, Filed under: Wills, Estate Planning, Succession Planning, Administration of Estates

One of the most important things a person can do is to have a valid will. However, death can occur unexpectedly and if there is no valid will, the estate...

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We here at FindLaw have consistently emphasised the importance of creating a valid will – especially if you have substantial assets, and beneficiaries....

How to set up a Testamentary Trust after death

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Wills using testamentary trusts are the starting point for most estate planning endeavours. They can ensure that wealth will pass to the intended beneficiaries...

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