Factors to Consider When Naming a Trustee for Your Estate
Naming a trustee is a crucial step in estate planning. This individual or entity will be responsible for managing your assets and distributing them according to your wishes after you pass away. In the state of California, there are specific considerations and guidelines to keep in mind when selecting a trustee. Following is essential information about naming a trustee for your estate in California. Understanding the Role of a Trustee A trustee is an individual or institution appointed to administer a trust on behalf of the grantor (the person who creates the trust) and the beneficiaries. The trustee has fiduciary ... Read More
