Trust School Study Study guides, Class notes & Summaries

Trust School Study Guide Questions and Answers Rated A+ What is the Depository Trust Company? (Largest holder of trust assets) What are the advantages and disadvantages of probate? Advantage - Court supervised process, Protects Creditors, Bars Future Creditors, Validates Title of property. Disadvantage - Delays, Public (Privacy Issues), Expenses What are the Duties of the Trustee? Duty to administer trust, Duty of loyalty, Duty not to delegate, Duty to keep and render accounts, Du...