Successor Trustees’ RED Flag: Who will be left holding the bag? Hold off accepting any trustee or new board appointment until fiduciary expert due diligence checks out
Categories: Conflicts of Interest RuleFACE AuditFiduciary Account Commissions Expenses AuditFiduciary Account ManagementFiduciary duty expertPrudent Investment ManagementTrustee duties
Tags: Brokerage BudgetFiduciary Account Compliance Auditfiduciary account protectionFiduciary AuditSuccessor TrusteesSuccessor Trustees LiabilityTrustee SurchargeTrustees Standard of care