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How Does One Add a Co Trustee to a Trust?
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Why You Should Name ONE Successor Trustee | Estate Planning Tips Thinking of naming all your kids as co-successor trustees in your living trust? Here’s why that might be a mistake. When multiple trustees are appointed at the same time, every financial decision, home sale, or distribution requires everyone’s agreement—and signature. That means delays, possible disagreements, and a much more complicated trust administration process. The smarter move? Appoint one successor trustee at a time, and li
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Most DIY estate plans miss a critical detail: they don’t include a way to appoint a new trustee if the named one can’t serve. Sure, they might name a successor trustee—but what if that person declines, dies, or is unavailable? Many of these trusts don’t allow that successor trustee to name someone else, and they don’t give beneficiaries a clear path to appoint one either. That means a trip to court—and all the costs, delays, and headaches that come with it. In this video, I break down why backup
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Most DIY estate plans miss a critical detail: they don’t include a way to ap…
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