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  2. What is a trust? - AOL

    www.aol.com/finance/trust-201244481.html

    A trust can also enable you to control not only to whom your assets will be disbursed, but also how the money will be paid out — a crucial point if the beneficiary is a child or a family member ...

  3. I'm a Trustee. Can I Remove a Beneficiary From a Trust? - AOL

    www.aol.com/trustee-remove-beneficiary-trust...

    The trust grantor has included a specific provision in the trust document allowing the trustee to add or remove beneficiaries. A grantor can name themselves as trustee during their lifetime, with ...

  4. United States trust law - Wikipedia

    en.wikipedia.org/wiki/United_States_trust_law

    In most cases, the acting trustee (and the successor to that trustee in the event the trustee can no longer serve) is named specifically in the trust instrument. A person nominated as a trustee can decline to serve as a trustee [22] or if serving may choose to resign as a trustee upon notice to the trust's beneficiaries. [23]

  5. Employee trust - Wikipedia

    en.wikipedia.org/wiki/Employee_trust

    The choice of who is the trustee of the trust and the type of property subject to the trust will vary depending on the purpose of the employee trust. Many employee trusts are discretionary trusts, where the trustee has discretion to select which beneficiaries benefit, when and how. It is possible that beneficiaries have fixed or absolute ...

  6. Trust (law) - Wikipedia

    en.wikipedia.org/wiki/Trust_(law)

    Trustees must provide regular accountings of trust income and expenditures. A court of competent jurisdiction can remove a trustee who breaches their duty. Some breaches can be charged and tried as criminal offenses. A trustee can be a natural person, business entity or public body. A trust in the US may be subject to federal and state taxation.

  7. Can I Change the Trustee on a Revocable Trust? - AOL

    www.aol.com/change-trustee-revocable-trust...

    Trustees play a vital role in the management and direction of revocable trusts. However, sometimes trustees need to be removed and replaced. While some trusts can be easily amended to change ...

  8. Beneficiary (trust) - Wikipedia

    en.wikipedia.org/wiki/Beneficiary_(trust)

    beneficiaries under a bare trust (including a constructive or resulting trust), to whom the trustee owes basic duties arising by law; and; beneficiaries under an express trust (either an inter vivos trust or a testamentary trust), where the trustee owes additional duties and has additional powers specified by the trust instrument.

  9. How to Choose the Right Trustee for Your Estate - AOL

    www.aol.com/news/choose-trustee-estate-162120597...

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