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Pet Trust, Trust Me, Trust Yourself, Michael Robinson, Internal Revenue Code, Living Trust, Practice Law, Protect Family, Trust Company
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Pin on Naperville Estate Planning

Jul 4, 2022 - When clients undertake Estate Planning, they face the difficult decision of naming a trustee after their death. While Estate Planning documents are effective once signed, they often contain provisions regarding what will happen upon the trustor’s death. Because of the application years in advance, the choice of who will serve as trustee often vexes clients. They need to make this decision years in advance of the time that the individual will serve and as we know, circumstances change. This article examines the various considerations that should be made when naming a trustee.