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TRUSTEE APPOINTMENTS  Form

TRUSTEE APPOINTMENTS Form

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Video instructions and help with filling out and completing TRUSTEE APPOINTMENTS Form

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Instructions and help about TRUSTEE APPOINTMENTS

I was asked to do a video on the powers and duties of trustees and so this is just really quite a short video just to give you some of the key ideas you might have to go away and do some other research yourself but hopefully after watching this video you'll have a key understanding for this part of equity and trusts so with that in mind let's get started by thinking about what exactly are powers and duties so what do we mean by gt's and powers in the context of a trust well where as a duty is something that has to be exercised by the trustee in other words they have to do it a power is something that can be exercised by the trustee in other words they have the option to not necessarily have to exercise that particular power now there are a couple of caveats associated with this so whereas a trustee does have to exercise a duty the way in which they do so is sort of up to them and so they are given a lot of discretion in that sense on the other hand whereas power

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