If a client’s estate plan involves a revocable trust, then the client needs to decide who will serve as trustee after the client dies. Sometimes clients have several undesirable options if they want to name an individual; in this situations they may consider naming an institution to serve as trustee. This article provides a framework for clients considering naming an institutional trustee. Read on to learn more.
Or, if this topic isn’t of interest to you, feel free to peruse our articles on what happens if you die intestate or choosing an attorney who is right for you.