When Fiduciaries Fail: What CPAs Need to Know About Trustee Mismanagement
Trusts are essential estate planning tools, but problems can arise when trustees fail to meet their fiduciary obligations. In this article for Nebraska CPA, litigation attorneys Minja Herian and Kaci Claborn explain a trustee’s core duties, common forms of trustee mismanagement, and the role CPAs can play in helping clients recognize, prevent, and address trust administration issues.
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