This person is the successor trustee ... directions letter with specific guidance and a description of the trust’s purpose and goals and how those relate to specific beneficiaries.

The Internal Revenue Code of 1986, as amended (the “Code”), requires the trustee ... the trust to a beneficiary is deemed to come first from the income of the trust. For example, if a trust ...

In the absence of clear instructions, however, a trustee risks liability for “abusing” their discretion when making or refusing to make distributions. For example, if a current beneficiary ...

For example, if a beneficiary is serving as a trustee of a trust and the beneficiary/trustee possesses the power to make distributions from the trust to himself or herself for any reason or ...

For example ... to act as successor trustee will have substantial responsibilities that can have a material effect on the operation of your trust and the welfare of your beneficiaries.