What to Know About Choosing a Trustee

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What to Know About Choosing a Trustee

Estate

Choosing the right trustee is key to ensuring your trust is managed properly.

What to Know About Choosing a Trustee

A successor trustee will manage your trust if you become incapacitated, and ensure your beneficiaries receive assets according to your plans when you die. Dreamstime/TCA

Tribune News Service

Tribune News Service

|Updated:

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By Ella Vincent From Kiplinger’s Personal Finance

A trust allows you to create a clear plan to bequeath assets to your heirs. Setting up a trust can also help your beneficiaries avoid probate, the court-supervised process to divide an estate’s assets.

Tribune News Service

Tribune News Service

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