Corporate Cranium Mentor Articles

Top Reasons Why You should Avoid Naming Your Children as a Trustee in Your Estate Plan

By Stacey Edwards Jones - Jones Law Office | July 25, 2019

One of the most pivotal questions in designing your revocable trust, used as part of your estate plan, is who will serve as the trustee upon your death. Clients tend to choose their children for a variety of reasons: children serve as trustee without charging a fee out of obligation, they do not want their children to feel left out, or they are uninformed of what the role of a trustee actually entails. Here are the top reasons why you should think twice before naming your children as trustee. Serving...

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Stacey R. Edwards Jones Jones Law Office
212 Madison Avenue
Suite 100
Mankato, MN 56001
Phone number: 507-385-4488
Fax number: 507-385-1288
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