Key Responsibilities of a Trustee:
- Being the Legal Face of the property - As trustee, you’re listed in public records and are the contact point for lawsuits, inquiries, or tenant issues.
- Duty to Act in the Beneficiary’s Best Interest – You must manage the trust property responsibly and not for personal gain.
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Liability Management – You're expected to be aware of potential issues and communicate them appropriately without breaching confidentiality