The Law Offices of William S. Dunlevy
Serving clients in Camarillo, Thousand Oaks and the surrounding areas of California
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trust administration Archives

Trust administration must deal with cybersecurity issues

In California, trustees are fiduciaries in wills, trusts and occasional other legal instruments. Because the trustee holds assets that are passed from one generation to another, trustees and the beneficiaries of the trust instruments are likely targets of cybercriminal enterprises. Because trust administration promises a fiduciary duty, the trustee could end up being legally responsible for the loss of trust assets or data.