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Source Trustee Duties Complete Trusts and Estates for MPT List Matched to this deck.

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0 tracked cards Supplemental - Not MEE July 2026

Trustee pays income to Life Beneficiary and will distribute principal to Remainder Beneficiary when Life Beneficiary dies. Remainder Beneficiary asks for recent account statements after learning that trust assets may have been sold. Trustee refuses, saying, "You get nothing until the life tenant dies, so you get no information now."
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The trustee must keep qualified beneficiaries reasonably informed and provide information needed to protect their interests. The trustee owes information duties only to the settlor's executor. The trustee satisfies the duty by sending checks to the income beneficiary. The trustee may refuse all information requests from remainder beneficiaries until the income beneficiary dies.

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