I have no one to act as a trustee. What do I do?DTC, LLC.Aug 301 min readUpdated: Aug 30If you have no one to serve as an independent trustee (even a close friend who has fiduciary capabilities), then you will have to consult our sister company or an institution (e.g., bank) to act as independent trustee.
Does a trust pay taxes?A trust, if properly managed, may or may not be subject to federal taxation and state income taxation. One key method to the formation of...
What are the risks of having a trust?Risks include trustee competency, risk management, loss of control, improper trust structuring, lack of trust administration, and more....
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