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Category Archives: Utah Irrevocable Trusts
Utah Trustee’s Duty to Keep Beneficiaries Informed
As I have described in previous posts on this site, individual trustees (as opposed to institutional trustees) too often fail to keep trust beneficiaries adequately informed. This is especially common upon the death of the settlor (the creator) of a … Continue reading
Should I Select a Corporate Trustee or an Individual Trustee?
When selecting a trustee of an irrevocable trust, the threshold question is generally whether the trustee should be an individual trustee or a corporate trustee. Advantages of a Corporate Trustee The advantages of having a corporate trustee are generally the … Continue reading