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How To Choose A Trustee

What To Look For In A Personal Trustee

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A person:

  • With whom you feel comfortable communicating your wishes.
  • Who has enough expertise to conduct the business of the trust, or to have sufficient judgment to pick the right people or companies to perform various tasks.
  • Who can prudently exercise discretion when discretion is permitted. Ideally, the person would be sufficiently aware of your intentions to be able to exercise discretion as you would have if confronted with the facts as they exist at the time a decision is to be made.
  • Who will act impartially and without conflict of interest.
  • Who has sufficient probable longevity to carry out the terms of the trust.

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