The Job of a Court-Appointed Fiduciary in Handling Wills and Trusts

– Court-appointed fiduciaries are responsible for managing assets and accounting for the trust or estate’s assets.
– They offer objective solutions to resolve conflicts among family members or stakeholders.
– They safeguard the intent of the deceased or settlor and the interests of the beneficiaries. – Fiduciaries manage the financial aspects of trusts and estates, including paying bills and overseeing investments.
– They are responsible for rigorous and organized recordkeeping to ensure accountability and transparency.
– Fiduciaries are required to provide regular reports to the court, offering detailed insights into their actions and the current state of the administration.

https://www.henlaw.com/news-insights/the-role-of-a-court-appointed-fiduciary-in-estate-and-trust-administration/


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