11/16/21

What Is a Trustee? Understanding the Role and Responsibilities

What is a trustee, and why is it important to choose the right one? A trustee is the person or entity responsible for managing your trust according to the terms you've set. This could be an individual, like a family member or friend, or an institution, such as a financial advisor with a trust department. When someone accepts the role of trustee, they take on a legal obligation to carry out the responsibilities outlined in your trust document. Choosing the right trustee is crucial because they’ll be responsible for managing your assets and ensuring that your wishes are fulfilled. Whether you opt for a personal connection or a professional entity, make sure they understand the role and are capable of handling the duties that come with it.

Questions? Call our office at 678-680-4336 to schedule a Discovery Call. Make informed decisions about your legacy!

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Do You Know What Assets You Have? The Importance of Detailing Your Asset Portfolio