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New Mexico Statutes > Chapter 45 > Article 7 > § 45-7-605 - Duties at inception of trusteeship

Within a reasonable time after accepting a trusteeship or receiving trust assets, a trustee shall review the trust assets and make and implement decisions concerning the retention and disposition of assets, in order to bring the trust portfolio into compliance with the purposes, terms, distribution requirements and other circumstances of the trust, and with the requirements of the Uniform Prudent Investor Act [45-7-601 NMSA 1978].

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Questions & Answers: Trusts

What do you do when you can't get a short form from the register of wills because you have a felony?...

need a attorney asap have alot of statues broken...

Harry, What exactly are you trying to do? File an existing will for probate? Steve Daily LawServer.com...

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