As trustee, you are the administrator; I advise you to use an attorney for the trust administration, to advise and assist you in carrying out the duties of administration the trust; there are a lot of administrative duties/paper work that need to be implemented correctly, so as not put you, trustee, in legal jeopardy with the authorities or the beneficiaries.
Answered on Aug 04th, 2014 at 10:18 AM