The team at Schnauer & Co (SCO) can provide expert guidance on fulfilling trustees duties, navigating legal complexities and preventing potential disputes.
- Legal Advice: We offer expert guidance on the trustee’s mandatory and default duties. This ensures trustees understand their responsibilities and act in the best interests of the beneficiaries.
- Document Preparation: Our team assists in drafting and reviewing trust documents, ensuring they are clear, legally sound, and accurately reflect the set settlor’s intentions.
- Asset Management: We provide advice on managing and investing trust assets prudently, helping trustees make informed decisions that align with the trust’s terms and beneficiaries’ interests.
- Beneficiary Communication: We facilitate communication with beneficiaries, keeping them informed about the trust’s status and any distributions.
- Dispute Resolution: If conflicts arise among beneficiaries or trustees, we help resolve disputes to maintain the trust’s integrity and smooth operation.
- Compliance and Risk Management: We ensure that all trust activities comply with relevant laws, helping trustees avoid legal issues and potential liabilities.