Why You Should Name ONE Successor Trustee | Estate Planning Tips Thinking of naming all your kids as co-successor trustees in your living trust? Here’s why that might be a mistake. When multiple trustees are appointed at the same time, every financial decision, home sale, or distribution requires everyone’s agreement—and signature. That means delays, possible disagreements, and a much more complicated trust administration process. The smarter move? Appoint one successor trustee at a time, and li
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👥 Living Trust = 3 Key Hats When you set up a revocable living trust, you’re triple-tasking: 1️⃣ Grantor – the creator who funds the trust. 2️⃣ Trustee – the manager who controls the assets day-to-day. 3️⃣ Beneficiary – the person who enjoys the benefits while you’re alive. Because you hold all three roles, you keep full control now and decide who steps in as successor trustee and beneficiaries after you’re gone—so your assets flow to loved ones privately and skip probate. #LivingTrust #Grantor
👥 Living Trust = 3 Key Hats When you set up a revocable living trust, you…
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