What Is A Successor Trustee And Do You Need One?
An important detail of creating a living trust is to ensure that you name a successor trustee. Without a trustee in place, you could be leaving it in the hands of a court to decide what happens to your living trust if you are incapacitated. Here are some things that need to be considered when selecting your successor trustee: What Is a Successor Trustee? A living trust is created to help avoid probate.