Who should I appoint as successor trustee?

When creating a trust, it's important to choose a successor trustee carefully. The successor trustee is the person who will manage the trust and distribute its assets if the original trustee is unable to do so. This person should be trustworthy and capable of managing the trust in accordance with the terms of the trust document. Common successor trustees are family members or close friends. They should also be someone who is willing and able to take on this responsibility.

Did this answer your question? Thanks for the feedback There was a problem submitting your feedback. Please try again later.

Still need help? Contact Us Contact Us