Selecting a Trustee? 3 Factors to Consider

One of the many important decisions to make when constructing an estate plan is determining who will serve in the role of trustee. Because a trustee will have control over assets, typically for many years, choosing the wrong trustee can thwart a client's best laid plans.

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Comments (1)
Great article. Very neglected area.
When in dispute I have found cooperation suggesting one reliable and responsible trustee from each side of the family and one neutral party in the middle. The neutral party may be an attorney and or corporate trustee. None of the trustees should ever be appointed guardians.
Posted by Michael C | Friday, May 30 2014 at 1:03PM ET
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