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.
Girum (“Groom”) Tesfaye, provides extensive estate planning services to individuals and businesses in the DC Metropolitan area (the DMV). His primary focus is to help client’s avoid probate, protect their assets, and provide for the security of their loved ones with a well-crafted estate plan.Read More!
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