‘I don’t want to step on any toes’: I manage an $80K trust for a 15-year-old relative. How do I deal with interfering relatives?
Managing an $80,000 trust for a 15-year-old relative is a significant fiduciary responsibility, and it’s completely understandable that you want to handle interfering relatives carefully while avoiding conflict. As trustee, your primary legal duty is to act solely in the best interests of the minor beneficiary (the 15-year-old), following the trust’s terms, with impartiality, prudence, … Read more