If you and your spouse are co-trustees, either can act and have instant control if one becomes incapacitated or dies. If something happens to the both of you, or if you are the only trustee, your hand-picked successor trustee – usually a family member – will step in. The Successor Trustee simply takes over the management of your trust. More questions? Check out our FAQ tab at the link in our bio!
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If you and your spouse are co-trustees, either can act and have instant control if one becomes incapacitated or dies. If…
