My sister just died and left me as the trustee for my 12-year-old nephew’s $100,000 inheritance. It’s a lot of responsibility — what do I do first?

One of Caroline’s first responsibilities as a trustee is to make sure she complies with IRS rules. If the trust is a new one ...
WealthManagement.com

A Trustee's Fiduciary Duties May Extend to 529 Accounts

An Internal Revenue Code Section 529 (529 account) educational savings account can be an attractive investment vehicle, thanks to its tax benefits and flexibility. But a recent decision of the Court ...
Law

SSHHH! Should Trustees Speak Up About Quiet Trusts?

New York trusts and estates practitioners will undoubtedly encounter a Quiet Trust at some point, either because a client would like to create one, or needs guidance as a beneficiary or trustee of one ...
AOL

My wife’s irrevocable trust has been receiving checks for 20 years — but her trustee recently died and the bank locked the account. How do we regain control and keep funds ...

Leonard’s wife, Kelly-Anne, has been receiving checks in an irrevocable trust for more than 20 years. When she was a teenager, her mother set up the trust, naming Kelly-Anne’s uncle as the trustee.
Reuters

MF trustee to begin transferring customer accounts

NEW YORK (Reuters) - The trustee in charge of liquidating MF Global's brokerage business can begin transferring certain customer accounts to rival brokers, a judge ruled on Wednesday. Judge Martin ...

Hensley & Krueger, PLLC Wins Six-Figure Recovery in Breach of Fiduciary Duty Case

HOUSTON, TX, October 14, 2025 (EZ Newswire) -- Hensley & Krueger, PLLC, a Houston probate litigation firm, recovered a ...