The selection of your trustee or successor trustee will depend upon the type of trust and your goals and objectives. Irrevocable trusts are generally used to attain certain income tax, estate tax ...
This person is the successor trustee of your trust, the executor in your will and the designated attorney-in-fact in your power of attorney. We will refer to all of these people as the successor ...
Often, they’ll name a successor trustee who assumes responsibility for managing trust property when the donor dies or becomes incapacitated. Many people who establish a trust for their heirs ...
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