Trusts Attorney in Phoenix, Arizona

If I’ve been named a trustee, why should I think about hiring a lawyer to help me?

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If you’re the trustee of a trust you have the same duties and fiduciary responsibilities to others as if you were the executor of the estate. Unless you want to study the law long enough to learn what those fiduciary duties are, the best way to get that education is to hire a lawyer who will listen to what you have and what you have to do and tailor the presentation to you. You don’t have to spend three years in law school and 20 years of experience to hone in on the one thing that you have to know without fear of missing something.

Phoenix, AZ estate planning attorney Mark A. Bregman talks about how someone who has been named a trustee should get a lawyer to help, as the process will be a lot simpler. He indicates that a trustee of a trust carries the same fiduciary duties and responsibilities as an executor of an estate. While one could study the law extensively to understand these obligations, he emphasizes that the most practical approach is to hire an attorney. A skilled lawyer can assess the specific circumstances, listen to the trustee’s responsibilities, and provide tailored guidance. This allows trustees to focus on what they need to know without spending years in law school or decades gaining experience, ensuring they fulfill their duties confidently and accurately.

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