Does Every Transaction / Purchase Need To Go Into Trust Minutes

Does Every Transaction / Purchase Need To Go Into Trust Minutes

Yes, keep records of everything the trust does in the trust minutes. At the very least record general details (e.g. Home Depot = $47.30, Groceries = $103.11, etc.). A check can be written or money withdrawn to help beneficiaries with purchases. All checks, purchase amounts, bylaws, trust actions, etc. are recorded in the trust minutes.
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