If a client’s Estate Plan involves a revocable trust, then the client needs to decide who will serve as trustee after the client dies. Sometimes, clients have several undesirable options if they want to name an individual and they consider naming an institution to serve as trustee. This article by my friend and colleague Tereina Stidd, an estate planning expert, is the third in a three-part series and provides a framework for clients considering naming an institutional trustee. Read on to learn more.
Timothy P. Murphy is an estate planning and elder law attorney whose practice emphasizes helping people to build, preserve and pass on their wealth. He works with his clients to accomplish their goals while avoiding unnecessary court proceedings and minimizing or eliminating exposure to death taxes.
Latest posts by Timothy P. Murphy (see all)
- Why the Type of Joint Ownership You Choose Is Important - August 3, 2022
- How Do I Trust Thee…Part III - July 12, 2022
- What You Need to Know About Testamentary Trusts - July 11, 2022
