David F. Johnson ‘s recent article “The More the Merrier? Issues Arising from Co-Trustees Administering Trusts” was published in the Texas Tech Estate Planning and Community Property Law Journal. The article addresses the benefits and detriments of appointing co-trustees, who can be a co-trustee and succession issues, fiduciary duties of co-trustees to beneficiaries and each other, management of the trust by co-trustees, delegation of duties, compensation, deadlock issues, liability for co-trustee’s conduct, duty to pursue claims against a co-trustee, and issues involving attorney/client communications. David’s article addresses many of the issues that he has addressed in representing co-trustees in litigation across Texas.
Click here to read “The More the Merrier? Issues Arising from Co-Trustees Administering Trusts.”