How to Choose a Trustee
Published
Apr 03 2014 at 12:00 AM GMT
Key
Points
Points
- MoneyTipsNot surprisingly, choosing a trustee is one of the most important aspects of setting up a trust.
- It is not uncommon for trustees to be unprepared, overwhelmed, disinterested, or otherwise unsuited for the job they have been given.
- The job of a trustee, and therefore the best choice of trustee, varies depending on the type of trust you establish.
- If you have a living trust to primarily avoid probate and distribute property to beneficiaries after your death, the tasks and timeframe are very different.
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- Published Apr 3, 2014 12:00 AM GMT