Who Can I Select To Be A Successor Trustee?
A Successor Trustee can be any adult. Possible candidates include family members or friends. Alternately, the services of a professional trustee can be used. These include attorneys, certified public accountants and trust companies or the trust department of a bank. Selection of a trustee is an important decision and each alternative has advantages and disadvantages.
What Are the Advantages and Disadvantages of Selecting a Family Member or Friend As Successor Trustee?