Stepping into the role of a trust administrator can feel overwhelming, especially if this is your first time fulfilling this role. Oregon’s trust laws provide a structured framework to guide you, but understanding the key duties and legal requirements is essential...
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Trust Administration
Can a trust beneficiary sue a trustee for misconduct?
When a loved one passes away, the last thing on your mind is dealing with legal battles. But what if the person responsible for managing their trust, the trustee, is not doing their job correctly? As a beneficiary, can you take legal action against them? There are...
What if your heirs are not ready to run the family business?
Most business owners want to protect their legacy. Those running a family business might want to ensure that the company passes on to the next generation and continues to thrive beyond their tenure. But what if your successors are not ready when the time comes? They...
A trustee has been acting shady, can I seek their removal?
Whoever takes on the role of trustee can make or break an estate plan. This person will manage and distribute the trust's assets according to the grantor's wishes. But what happens if you start to doubt a trustee's abilities or intentions? You may even want to strip...