The Attorneys at Eastham Law Offices serve as Trustees of Revocable and Irrevocable Trusts.
All Trusts name Trustees who are simply managers of the Trust assets with a fiduciary duty to the named beneficiaries in a manner dictated by the creator of the Trust who is called the Trustor, Grantor, Settlor or Creator, which all have the same meaning.
Generally the Trustor has named himself or herself to be the Trustee (manager) of the Trust during his/her life and names, in the Trust, a Successor Trustee or Trustees to administer the Trust upon the Trustor’s death.
Even though the Trust is administered without court supervision, the Successor Trustee(s) has a very big responsibility to strictly act in the highest good faith in performing her or her duties. Florida Statutes provide requirements that the Successor Trustee do in order to prevent being attacked or sued by any or all of the beneficiaries. The Successor Trustee owes a fiduciary duty to all the beneficiaries and to the deceased also.
Contact us by phone or email to learn about our Trustee Services.