List of Trustee Responsibilities

List of Trustee Responsibilities

The general duties of a trustee include, but are not limited to:
  1. Manage & grow assets
  2. Hold at least once yearly trust minutes meeting with the Board
  3. Assign 2 other trustees to the trust
  4. Open a bank account if necessary

As one grows the trust there will of course be new responsibilities like paying debts, performing exchanges and more.