June 1, 2022
To make an informed decision about your choice of trustee, think about questions such as these:
✔ Does the prospective trustee have the time and experience necessary to handle the job?
✔ Has the organization or individual performed capably in both bull and bear markets?
✔ Could conflicts of interest arise between your trustee and your family?
✔ Will each and every beneficiary be treated fairly and impartially?
✔ What fees will the trustee charge? Do the fees include investment management costs, or will they be an additional expense?
✔ Will your trustee provide recordkeeping at no additional cost?
✔ If conflicts develop between the beneficiaries, how will they be resolved? Will all the beneficiaries respect the decisions of the trustee?
