A movie star buys a vacation property in your town and chooses you to act as trustee of her revocable living trust. What should you do?

In the role of a trustee for a revocable living trust, maintaining confidentiality is of utmost importance. The investor (in this case, the movie star) has entrusted you with their financial matters, and this relationship is built on trust and discretion. By choosing to keep the details of the account private, you are upholding your fiduciary duty to protect the asset's interests and the privacy of the individual involved. This not only helps in preserving the integrity of the trust but also respects the wishes of the person who selected you as their trustee.

Any discussions or disclosures about the trust and its contents could lead to unwanted public attention or scrutiny, which may compromise the owner's privacy and security. It is imperative to adhere to confidentiality standards, which are essential in fiduciary responsibilities, further establishing your reliability as a trustee.