Should I Make My Parents Trustees?
Jul 28, 2022One of the most important decisions you can make in estate planning is choosing the right trustees. A frequent question that comes up when speaking with my clients who have younger children is whether or not to name their own parents as trustees. They often believe that naming someone older than them is not a good idea. But is it? In this installment, I review the topic of age when thinking of trustees, as well as the one thing many attorneys fail to do.
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RELATED VIDEOS
Who Should Be Your Trustee? https://youtu.be/vyYzYU8_lIk
Should a Law Firm Be Your Trustee? https://youtu.be/KKADWQk7MYk
MORE DETAILED WORKING INFORMATION ON ESTATE PLANNING
Estate Crash Course. What is probate? What’s the difference between a Will and a Revocable Living Trust? What are the big decisions I need to make? There’s a lot of information, misinformation, and folk remedies out there, but I cut through all of that to explain the basics of estate planning in plain English, long before you step foot into the attorney’s office to work on your specific goals and objectives. http://www.estatecrashcourse.com.
Estate Planning Playlist: https://youtube.com/playlist?list=PLrrVKQBBVofrcWCdiJhvVyT-3FP9g4oc6
#estateplanning #livingtrusts
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