Useful Phone Numbers. DO NOT DISCUSS CLASSIFIED INFORMATION ON UNSECURE TELEPHONES. OFFICIAL DOD TELEPHONES ARE SUBJECT TO MONITORING FOR COMMUNICATIONS SECURITY PURPOSES AT ALL TIMES. This listing provides users with a comprehensive list of frequently requested phone numbers. If dialing from an out-of-state line, Fairchild's area code is 509. Airman & Family Readiness
No. A trustee is only liable in her capacity as a trustee and only the trust assets are exposed to its debts. Of course, that protection exists providing the trust is valid. If someone sets up a trust in order to incur debts they will not be personally responsible for paying, a creditor may be able to recover by a court action. Also, a trustee is personally liable for any mishandling of the funds of the trust.
trust must have a specific purpose, a designated beneficiary, and specific duties for the trustee as designated by the grantor. Every trust has the following: â¢ The person creating the trust, called a grantor, trustor, settlor, or maker. â¢ The party the grantor names in the trust to care for and manage the trust property, called a trustee. There may be one or several trustees. The trustee may be an individual or a corporation. â¢ The party for whose benefit the trust was created is called the beneficiary. The beneficiary receives the income from the trust.