MSU Extension Releases Publication Outlining Trustee Responsibilities Under a Revocable Trust

From MSU News Service

BOZEMAN – Montana State University Extension has released a publication outlining trustee responsibilities under a revocable trust.

"This guide will help readers understand what can and cannot be done in the role of a trustee," said Marsha Goetting, MSU Extension family economics specialist. "The content is for family and friends who have been asked to serve as a trustee, not for professionals or organizations. The information is not legal advice."

In Montana, the term for a person who sets up a trust is settlor. In some other states, the word "trustor" or "grantor" is us...