Choosing Your Trustee
A trustee oversees the assets you place in a trust and administers the trust for the beneficiaries. While you can serve as your own trustee, you may prefer to name a family member or close friend as your trustee. You can also choose a professional trustee, such as a bank or trust company. Many people name a professional as a co-trustee along with a family member or close friend. You will want to decide which traits are important to you.
Which Trustee Is Right for You?
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|Familiarity with family||●|
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|Personal interest in beneficiaries||●|
|Flexibility with beneficiaries||●|
If you are considering making Doernbecher Children's Hospital Foundation the primary or contingent beneficiary of a trust, please contact Office of Gift Planning at Toll Free 800-800-9583 or 503-294.7101 or email@example.com for assistance. We would be happy to help or provide you with more information.
Getting Started | Pros and Cons of Living Trusts | Living Trusts Q&A | Assessing Your Needs | Case Study | Choosing Your Trustee | Do You Still Need a Will? | Action Items