Choosing the Right Trustee

This chapter delves into the essential responsibilities and considerations involved in selecting trustees for trusts. It emphasizes the importance of understanding the role's liabilities, the need for fiduciary liability insurance, and the emotional dynamics of serving as a trustee, particularly for vulnerable beneficiaries. Practical advice is provided for both appointors and potential trustees, highlighting the significance of experience, communication, and the long-term impact of these decisions on families.