Trusts are a great tool that are often utilized in estate or asset protection planning. There are many different types of trusts and they can be used for many different purposes. Trusts can be used to protect your assets, to protect your spouse or heirs, or to save on taxes. One important aspect of any trust is the trustee. The trustee manages assets and makes decisions about who gets what and when based on the guidelines of the trust.
But, how do you pick a trustee?
Read our complete article and find out many advantages and disadvantages of different types of trustees. The more you know about trustees the more likely you will pick the best option for this critical role in your trust.