What should you consider when choosing a Trustee for your will?
Full Question:
I am filling out my will. I am divorced with shared custody of two minor children. I have asked my cousin to be my personal representative. Because my children are minors I need to designate a trustee. I don't know who that should be? Can it be the same person who is my personal rep or does it have to be an entity like a bank? If my assets are held in trust, who is the trust? As you can see I'm very confused on this issue and need some guidance. I have very few relatives and my parents are in their 80's.
10/29/2007 |
Category: Wills and Estates |
State: Florida |
#11197
Answer:
Please see the information and forms at the following links:
http://definitions.uslegal.com/t/trusts/
http://definitions.uslegal.com/t/trustee/
http://definitions.uslegal.com/w/wills/
http://lawdigest.uslegal.com/wills-and-estates/wills/7127/
http://lawdigest.uslegal.com/wills-and-estates/last-will-and-testament-law/1166/
http://www.uslegalforms.com/us/US-006HB.htm
