Channels

What to do if I suddenly become a successor trustee10:09 AM - 11:13 AM19m leftNews And OpinionTrusts are controlled by trustees. But if a trustee becomes incapacitated or refuses to continue serving, the responsibility falls to a successor trustee who may be named in the trust, chosen by a trust protector, or even by a judge. Assuming the duties of a trustee or co-trustee when a loved one becomes incapacitated triggers a whole series of duties and responsibilities that you likely dont know much aboutalong with personal liabilities that can be downright scary544