Whether you’re planning your legacy or making arrangements for the future, selecting a trustee who can effectively manage your assets and carry out your wishes is paramount. In this episode of Life’s Third Act, Attorney-CPA Joe Cordell is joined by TuckerAllen estate planning attorney, Benjamin Zinkel, to dive into the crucial topic of choosing the right trustee for your estate.

Join Mr. Cordell and Mr. Zinkel as they explore the essential factors to consider when selecting a trustee. They’ll delve into various aspects that can greatly impact the success of your trust, including the size of your estate, honesty, versatility, and the option of having a co-trustee. Together, they will shed light on the cost implications and the decision-making process when multiple trustees are involved.

Drawing on real-life examples, they share the fascinating story of Boatman’s Bank and how choosing the wrong trustee can have far-reaching consequences. Additionally, they explore the concept of bonding, where a bond company guarantees the trustworthiness of your chosen trustee. Don’t miss this episode packed with essential information that will empower you to navigate the complex world of trusteeship and secure your legacy with confidence.

If you have any questions about estate planning or elder law, get in touch with an attorney at TuckerAllen.

Click: https://tuckerallen.com/

Call: 314-335-1100