The Trust Being a Multi-Party Relationship, Whom Legal Counsel Represents Can Get Complicated

Charles E. Rounds, Jr.
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The trust being a multi-party relationship, it is not always that easy to discern at any given time whom legal counsel is representing, or should be representing, in matters relating to the trust’s creation and administration. Charles E. Rounds, Jr. explains in Section 8.8 of Loring and Rounds: A Trustee’s Handbook (2013). The section is reprinted in its entirety below.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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