The will provides that part or all of the decedent's estate will go to a trustee who is charged with administering the trust property and making distributions to designated beneficiaries according to the provisions of the trust.To create a legal trust you will need a trustor, trustee, beneficiary, trust property and trust agreement.You can be appointed as Trustee and run all the day to day business affairs of the Structure or you can appoint another.The trustee has no personal liability in their capacity so long as they operate within the bylaws of the contract on behalf of the trust.A trustee normally will act in accord with the express terms of the trust instrument; act impartially, administering the trust for the benefit of all trust beneficiaries; administer the trust property with reasonable care and skill, considering both its safety and the amount of income it produces; maintain complete accounts and records; and perform taxpayer duties, such as filing tax returns for the trust and paying required taxes.When using a land trust it is best not to name yourself as trustee because A trustee in general must administer the trust property only for the designated beneficiaries and may not use trust principal or income for his or her own benefit.

I got off active duty last March and transitioned into the National Guard in CT.

Additionally you need to read and heed Federal AND State Fair Housing laws and the Federal Fair Credit Reporting Act; also possibly the Servicemembers Civil Relief Act if you potentially have active duty members as prospects/tenants.

I own properties in FL (I live in PCB now) and self-managed them while I was Active Duty and stationed in CA and Guam. 

Unless local law or your Governing Documents REQUIRE this type of notification to be sent by regular mail, they likely fulfilled their duty.

Now AM will be vital to success in most of these deals. 

To all active duty military and veterans, thank you for your service!

I'm also a part-time agent (active duty Air Force), and it's a constant balance.Be the rubber band...not the ruler.I wish you all the best.

I did see the following: "However, many of the duties you owe each other are controlled by statutory law and cannot be bargained away."

As in business, many sports, and life in general, effective and efficient teamwork is often a vital aspect leading to success.