What is a Deed of Trustee?

Full question:

My husband and I would like to make out a deed of trustee of our personal properties and belongings that we have. We were told Deed of Trustee was the way to go.

  • Category: Courts
  • Subcategory: Legal Definitions
  • Date:
  • State: Arizona

Answer:

Please see the information and form at the following links:

http://definitions.uslegal.com/d/deed-of-trust/

http://www.uslegalforms.com/az/AZ-REAL-14.htm

This content is for informational purposes only and is not legal advice. Legal statutes mentioned reflect the law at the time the content was written and may no longer be current. Always verify the latest version of the law before relying on it.

FAQs

Yes, a trustee can be personally liable if they fail to act in the best interests of the trust or breach their fiduciary duties. This includes mismanagement of trust assets or failing to follow the terms of the trust document. However, liability may depend on the specific circumstances and state laws governing trusts.