Chapter 20 - § 20.6 • RECORDS AND INFORMATION

• Jurisdiction: Colorado

§ 20.6 • RECORDS AND INFORMATION

The representative owes a duty to keep records and accounts so that those interested may determine what has been done, and it is his or her duty to furnish information, on request, to those entitled thereto.¹³ The extent of the duty may depend upon the nature of the interest. The heirs at law or residuary devisee should have the strongest entitlement.

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Notes:

^[13] Scott on Trusts §§ 172 and 173 (3d ed.); Bogert, The Law of Trusts & Trustees, supra n. 3 at § 961; see Denhart, "Estate Accounting," 6 Law Office Management 93; also text by same author, Complete Guide to Estate Accounting and Taxes (N.Y.: Prentice Hall, 1988); Cain, Shenkin & Cantwell, "The Care and Feeding of Individual Trustees," 39 U. Colo. L. Rev. 205; Nossaman, Trust Administration and Taxation § 27.26; Little, "Keeping Beneficiaries Informed," 108 Trusts & Estates 364; Miller, "The Transaction Approach to Trust Account Record...