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The Trustees Book

The Trustees Book

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Published by AuthorHouseBooks
$41 Trillion INHERITED BY 2030…
MOST OF IT IN TRUST……..
ARE YOU READY?
“Perfection is not required, but incompetence shall not be tolerated.”—Chapter 1
“The beneficiaries view trusts as handcuffs on their money. The trustee is the warden of the prison or jail cell whose permission must be sought for just about every dollar.”—Chapter 1
“Ozzie and Harriet and Ward and June Cleaver and their wonderful children don’t seem to exist anymore. If they do, they all have lawyers.”—Chapter 2
“A word of caution to trustees: don’t believe a self-imposed myth that your family members won’t sue you, or seek your removal as trustee. They do it every day and hire lawyers like me to get it done.”—Chapter 3
“I doubt the grantor of the trust intended to make some attorney a trust beneficiary.” —Chapter 10
“Being a trustee is like being a parent – don’t steal from your children, have their best interests at heart, and don’t pick favorites, or else they will act out, cost you your time, and harm you financially.”—Chapter 10
$41 Trillion INHERITED BY 2030…
MOST OF IT IN TRUST……..
ARE YOU READY?
“Perfection is not required, but incompetence shall not be tolerated.”—Chapter 1
“The beneficiaries view trusts as handcuffs on their money. The trustee is the warden of the prison or jail cell whose permission must be sought for just about every dollar.”—Chapter 1
“Ozzie and Harriet and Ward and June Cleaver and their wonderful children don’t seem to exist anymore. If they do, they all have lawyers.”—Chapter 2
“A word of caution to trustees: don’t believe a self-imposed myth that your family members won’t sue you, or seek your removal as trustee. They do it every day and hire lawyers like me to get it done.”—Chapter 3
“I doubt the grantor of the trust intended to make some attorney a trust beneficiary.” —Chapter 10
“Being a trustee is like being a parent – don’t steal from your children, have their best interests at heart, and don’t pick favorites, or else they will act out, cost you your time, and harm you financially.”—Chapter 10

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Publish date: Nov 21, 2013
Added to Scribd: Feb 13, 2014
Copyright:Traditional Copyright: All rights reservedISBN:9781491833308
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09/16/2014

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9781491833308

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