What is the name of your state? Maryland
My father just died. His will set up a revocable trust. The personal representatives are his attorneys and me (daughter). The trustees are me, my son and a bank. The attorney says I should "loan" the estate $5,000 so it can pay all the bills. Since I am both a personal rep. and a trustee, why do I have to do this? Can't I pay the bills?
My father just died. His will set up a revocable trust. The personal representatives are his attorneys and me (daughter). The trustees are me, my son and a bank. The attorney says I should "loan" the estate $5,000 so it can pay all the bills. Since I am both a personal rep. and a trustee, why do I have to do this? Can't I pay the bills?