Have you been appointed a Trustee?
A trustee looks after ongoing bequests to family and friends for a specific time stated in the Will. An executor of a Will, charged with carrying out the wishes of a person after they die, may also find that includes taking on the role of trustee, for example, for children or grandchildren.
The executor and trustee must comply with various laws and rules that govern the administration of deceased estates and trusts.
Many people appoint a friend or relative as their executor and/or trustee. This is an important personal responsibility that can be time consuming, challenging and requiring complex decisions.
Particularly where ongoing trusts are involved, the work and personal commitment can be onerous. A professional trustee such as NSW Trustee and Guardian has the expertise, experience and independence to properly manage all the tasks involved in trust administration for you.
Having administered thousands of trusts over many years, NSW Trustee and Guardian ensures that the person’s financial interests are fully protected, noting that a trust can last a number of years.
If you have been appointed trustee or executor of a Will and require a professional helping hand, contact us on 1300 364 103 or complete our contact form.