Q: I’m the successor trustee of my parents’ trust. Am I required to provide a full accounting to the other trust beneficiaries?

by | Oct 12, 2022 | Q&A, Trust And Estate Administration |

A: It depends! Although the law does give all the trust beneficiaries the right to receive a full accounting, if all of the beneficiaries agree in writing to waive their right, then you will not need to prepare one.