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When you set up a trust, you need to name someone (a trustee) to manage the assets the trust controls. While you often start with yourself as trustee, your choice of who is to follow as trustee upon your death or incapacity is very important.
There are very good reasons why you may wish to consider the Law Offices of Boyd & Boyd, P.C. as a successor trustee or co-trustee along with a family member. You can gain the advantage of years of experience, and personal service.
As a professional trustee we can be especially useful to surviving spouses in cases of needed assistance for investment and tax issues. Where there are discretionary trusts, or stepped distribution to heirs over time a professional trustee can be useful to buffer family members from unreasonable demands.
Also, issues of creeping personal dementia can insure someone of experience to care for you, when or if needed.
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