Choosing a Trustee – What Characteristics are Needed?

Those Grantors who don’t struggle with the selection of a Trustee probably should.  I’ll confess that poor Trustee selection creates revenue opportunities for me, either through the cost of cleaning up a Trust mess or as an expert witness in Trust litigation.  It would be better for all, though, if every Grantor chose a person or institution as a Trustee based on having the characteristics needed to serve well.

Here is a practical article that outlines the basic characteristics a Trustee should have:

Selection of a Trustee….A Search for Wisdom

About Steve Masterson

Court-appointed Trustee and Personal Representative, providing neutral, third-party, administration of Trusts and Estates; estate planning consultant to families, attorneys, and fiduciaries; and expert witness for trust and estate litigation matters. See my website at
This entry was posted in Duties of Trustee, Estate Planner, Estate Planning, fiduciary, Prudent Investor Rule, Trust, Trust Administration, trust beneficiary, trustee and tagged , , , , , , . Bookmark the permalink.

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