23 Oct Auckland Law Firm | The Professional Trustee on a Trust
Posted at 01:39h
in Auckland law firm LEGAL TIP of the Week
What is the role of the Professional Trustee on a Trust?
A Professional Trustee is a person or company who acts as a Trustee alongside the other Trustees.
Their role is to ensure all the Trustees satisfy their legal duties. When choosing a Professional Trustee you should reflect upon whether they have an understanding of Trust Law and knowledge of how a Trust should be administered.
To completely understand the function and responsibilities of a Professional Trustee please contact an approachable Lawyer at Quay Law.