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Am I a trustee or only a beneficiary of a family trust? | NC
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Q: How do I find out whether I am a trustee or only a beneficiary of a family trust? A: The answer starts with the trust document. That document, plus any amendments, controls whether you are named as trustee, successor trustee, co-trustee, or only as a beneficiary. You do not become trustee just because a parent verbally said certain property should go to you. You must be named or properly…