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. Read on to learn more.
Dennis P. Lee is the founder and president of Lee Law Office. He graduated from Creighton University and then received his law degree from the Creighton University School of Law. While in law school he was a staff editor of the Creighton Law Review.
Latest posts by Dennis P.Lee (see all)
- What Happens When You Don’t Trust Your Trustee – Part II - March 29, 2023
- What Happens When You Don’t Trust Your Trustee – Part I - February 10, 2023
- The Importance of Having an Estate Plan - January 16, 2023
