If you’re an executor or trustee, it is likely not something you asked to do. Many times parents name a child as executor or successor trustee but don’t tell the child or share important information until the child must take over because your parent has died or become incompetent. Your first step in taking on… Read More
What a Successor Trustee Needs to Know When a Parent Dies
As a Successor Trustee, you step into the Trustee role when the original Trustee dies or becomes incapacitated. Here are some important actions to take when your parent named you as a Successor Trustee in their planning, upon their death. When your parent dies and you become Trustee, you will need to immediately step in… Read More
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