Especially in cases where children are involved and the living trust spends very little to no time with the children each year.
2007-07-20 04:15:07 · 3 answers · asked by Brunette 1 in Politics & Government ➔ Law & Ethics
You can name anyone to be a trustee, but if the trustee is not available when the donor is decease and the trust is challenged, the court can effect changes in the trust, like naming a new trustee.
2007-07-27 15:07:33 · answer #1 · answered by johnfarber2000 6 · 0⤊ 0⤋
Trustees should be available when the trust is activated. If no close relative is qualified and available in the state where the trustor lives, then a bank's trust department or lawyer should be appointed as trustee.
2007-07-23 01:53:01 · answer #2 · answered by SPLATT 7 · 0⤊ 0⤋
No because it can be relagated to the US courts if not attended.
2007-07-28 00:14:39 · answer #3 · answered by Conrey 5 · 0⤊ 0⤋