Thursday, July 8, 2010

How to Sign Documents as Trustee

When signing anything on behalf of the trust, always sign as “[Your Name], Trustee.” By signing as Trustee, you will not be personally liable for that action as long as that action is within the scope of your authority under the trust. If the trustee does not sign as “trustee” and the contract does not specifically exclude liability, then a trustee is personally liable on contracts entered into in the trustee’s fiduciary capacity in the course of the administration of the trust estate. Whenever you sign any document on behalf of the trust, always sign as “[Your Name], Trustee.”

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