In Private Letter Ruling 201943020 (released Oct. 25, 2019), the Internal Revenue Service considered the tax implications of a trustee-to-trustee transfer between individual retirement accounts in ...

The successor trustee may wish to interview trust beneficiaries at the beginning of his or her administration to better accommodate each beneficiary’s personal circumstances, goals and needs.

Trustee vs. Beneficiary Rights and Responsibilities A trust is a legal arrangement in which one person, called a grantor , transfers the management of assets to someone else. That someone else is ...

This could help protect the trust and its beneficiaries from poor decision-making processes or trustees who don’t act in the best interests of the beneficiaries. For example, the trustee’s own ...

If you've just inherited a windfall from a deceased relative's trust, you're likely wondering, "How does a beneficiary get money from a trust?" When your deceased relative created the trust, they ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. My family assets are held in a trust and I am the sole beneficiary. One of the trustees wishes to retire ...