Who to Trust as a Trustee?

Estate Planning: Choosing the Right Trustee It’s not the most pleasant experience to think about one’s own death, but the smart move is to think about what will happen to your estate after your passing and make sure that they fall into the right hands. Whoever your beneficiary may be, if you set up a trust for your assets, you can be assured that your estate will be distributed efficiently as per your wishes within a given time. However, to make sure that this management and distribution of your assets is carried out smoothly, it is imperative that you choose the right trustee. After all, a trust is entirely dependent on the trustee who oversees it. What is the job of a trustee? To put it simply, a trustee is either an individual or sometimes, a financial organization that manages and oversees a trust that a deceased leaves behind for beneficiaries to benefit from. “Managing and overseeing” is a vague term and can encompass many duties or jobs. These may…

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