Does the trustee you are considering have enough time in their schedule to handle the responsibilities required by the trust? It is important for a trustee to be responsive and accessible. The beneficiary and trustee will need to communicate often if distributions are likely to be made on a regular basis.

Administering a trust can be time-consuming, especially if a trust has a complex distribution scheme. For example, if a special needs trust is involved, attention and knowledge of the beneficiary’s needs will be necessary to ensure that distributions are properly made so that governmental benefits are not lost due to mistakes in trust administration. If trust administration is only a small part of the trustee’s business, they may not have the time needed to handle the tasks required.

Give us a call to schedule an appointment to discuss the importance of choosing the right trustee.