What are the responsibilities of a trust beneficiary?
- A trust beneficiary is someone named in a trust who is entitled to benefit from its provisions. Beneficiaries rarely have specific duties. The person or people managing the trust, called trustees, have the bulk of duties and responsibilities for administering the trust. However, a trust works best when beneficiaries and trustees work together to achieve the trust’s goals. Our trust administration attorneys can help you understand your rights and obligations as a beneficiary.