Fredrick P. Niemann, Esq. of Hanlon, Niemann & Wright, a New Jersey Trust law firm discusses the legal phrase “Trustee Discretion” and its impact on beneficiaries and trustees in the administration of a NJ based trust. The phrase “Trustee Discretion” has a defined legal meaning. It is best understood as the power to do or to refrain from doing a particular act described in the trust document.
Mr. Niemann offers his viewers this interesting, yet brief video containing important information about Trustee Discretion presented in simple and easy to understand language.
A must watch video for those persons who are interested in the trust services offered by Hanlon Niemann & Wright.
For more information, please email fniemann@hnlawfirm.com or call (855) 376-5291.
By Fredrick P. Niemann, Esq., a NJ Trust Attorney