How to Pick a Trustee

Clients frequently choose to use trusts in their estate plans, and once they and their estate planning attorney have made that decision, they’ll need to decide who to name as trustee or trustees. Picking a trustee is not always an easy process, explains Kiplinger in the article “Guidance on Choosing the Right Trustee (or Trustees) for Your Estate.”

Serving as a trustee creates many duties under state law, including acting as a fiduciary to the trust. That means the trustee must be impartial about their own interests, put the beneficiary’s interests and well-being first and be prudent with how they invest funds. Law prohibits a trustee from self-dealing, although depending on the scenario, the trustee might also be the beneficiary.

Here are a long series of questions that will help to assess a person’s ability to serve as a trustee:

  • Will the person be able to separate their personal feelings and interests from those of the beneficiaries?
  • Will all parties be treated fairly, especially if your children are not also your spouse’s children?
  • Can your trustee manage finances and investments?
  • Is there any risk that your trustee will be tempted to take a risk to obtain money at the expense of beneficiaries, including their own money problems or addiction?
  • Are there concerns about the health, age or capacity of the person?
  • Will a child who is a trustee be fair to the other siblings, even if they are step siblings?
  • Will a child be able to stand up to the other siblings?
  • Will the person who is managing work and family have the time to take on the responsibilities of the trustee when they will likely be needed to do so?
  • Does the person understand the family dynamics?
  • Has the person served as a trustee before?

Another common problem is people are unsure of who to ask in their family or where to look for back-up trustees, especially where they might not feel comfortable with those closest to them.  With that in mind, here are some potential people to consider, although their suitability will vary greatly in different circumstances:

  • Spouse
  • Parents
  • Children, step children, and grandchildren
  • Siblings and step siblings, nieces and nephews, cousins
  • Spouses of children, step children, siblings or other close family
  • Friends
  • Neighbors
  • Members of social groups, fraternal organizations, religious communities or other similar groups
  • Financial Professionals (not necessarily financial planners who likely aren’t permitted to, but CPAs or some attorneys for example)
  • Professional Trustees (e.g. a bank or other similar trustee)

I should note as well that I’m focusing on trustees in this article, but many of these same considerations apply to other fiduciary roles.  See here for more information on the other roles to consider.

There is no one size fits all approach to picking a trustee, but hopefully this will provide guidance on who is right for you.

Reference: Kiplinger (Sep. 8, 2020) “Guidance on Choosing the Right Trustee (or Trustees) for Your Estate”

This Post Has 93 Comments

  1. Drew

    Informative article, just what I was looking for.

  2. Louvenia

    Hello There. I found your blog using msn. This is an extremely well written article.
    I will make sure to bookmark it and return to read more of
    your useful info. Thanks for the post. I’ll definitely return.

  3. Terri

    Great blog you have here.. It’s hard to find high quality writing like yours nowadays.
    I really appreciate individuals like you! Take care!!

  4. Hey I know this is off topic but I was wondering if
    you knew of any widgets I could add to my blog that automatically tweet my newest twitter updates.
    I’ve been looking for a plug-in like this for quite some time and was hoping maybe you would
    have some experience with something like this. Please let me know if you run into anything.

    I truly enjoy reading your blog and I look forward to your new updates.

    Here is my web page … Royal Derma Cream Ingredients

  5. Keto Redux Reviews

    Good day! Do you know if they make any plugins to assist
    with SEO? I’m trying to get my blog to rank for
    some targeted keywords but I’m not seeing very good gains.
    If you know of any please share. Cheers!

    Look into my web-site :: Keto Redux Reviews

  6. You are so cool! I don’t believe I have read through
    something like this before. So good to find somebody with unique thoughts on this subject matter.
    Really.. thank you for starting this up. This website is something that is
    required on the internet, someone with some originality!

    Here is my blog – Arctos Portable AC Reviews

  7. Erexzen Pills

    Hi! I’ve been following your site for a long time now
    and finally got the courage to go ahead and give you a shout
    out from Atascocita Texas! Just wanted to mention keep up the
    excellent job!

    My page: Erexzen Pills

  8. Madie

    I drop a leave a response when I like a article on a website or if I have something to
    contribute to the discussion. It’s caused by the passion displayed
    in the article I read. And after this post How to Pick a Trustee | Galligan & Manning.
    I was actually moved enough to post a comment 🙂 I do have a couple of questions for you if you don’t mind.
    Is it only me or do some of the comments appear as if they are written by brain dead
    individuals? 😛 And, if you are posting at
    other sites, I would like to keep up with everything fresh you have to post.
    Could you make a list every one of all your shared pages like your Facebook page,
    twitter feed, or linkedin profile?

    Here is my web blog: Madie

  9. Leafy CBD

    hello!,I really like your writing so a lot! proportion we communicate more approximately your post on AOL?
    I need a specialist in this area to resolve my problem.
    May be that is you! Looking forward to peer you.

    Also visit my site – Leafy CBD

  10. Re ViVium Review

    Just want to say your article is as astonishing. The clarity in your post is simply excellent and
    i can assume you are an expert on this subject.
    Fine with your permission let me to grab your feed to keep
    up to date with forthcoming post. Thanks a million and please keep up the rewarding work.

    My web-site; Re ViVium Review

  11. Xoth Keto

    Terrific work! That is the type of information that should be shared around the net.
    Disgrace on the search engines for now not positioning this
    submit upper! Come on over and talk over with my website . Thanks =)

    Feel free to visit my blog :: Xoth Keto

  12. I carry on listening to the news update lecture about
    receiving free online grant applications so I have been looking around for the best site to get one.
    Could you advise me please, where could i
    acquire some?

    My blog post … Nature Fused Anti Aging Cream

  13. Veronique

    You actually make it seem so easy with your presentation but I find this
    matter to be actually something which I think I would never understand.
    It seems too complex and extremely broad for me.

    I am looking forward for your next post, I’ll try to get the
    hang of it!

    my page Veronique

  14. Keto BHB Plus

    Outstanding post, you have pointed out some excellent details,
    I besides think this is a very fantastic website.

    Here is my web site – Keto BHB Plus

  15. SynerSooth CBD

    Good – I should certainly pronounce, impressed with your site.
    I had no trouble navigating through all tabs and related
    information ended up being truly simple to do to access.
    I recently found what I hoped for before you know
    it in the least. Reasonably unusual. Is likely to appreciate it for those who add forums or something, site theme .
    a tones way for your customer to communicate. Excellent task.

    Look at my homepage – SynerSooth CBD

  16. For newest information you have to pay a quick visit web and
    on internet I found this website as a best web page for hottest updates.

    Feel free to visit my web-site … Full Essentials CBD Oil


    This article presents clear idea designed for the new people of blogging,
    that in fact how to do running a blog.

    Feel free to surf to my blog post:

  18. KetoBHB Plus Review

    I do not even know how I ended up here, however I
    assumed this put up was once great. I don’t recognize
    who you might be but certainly you’re going to a well-known blogger in case you are not already.

    My page: KetoBHB Plus Review

  19. Erorectin Reviews

    I enjoy what you guys are usually up too. This type of
    clever work and coverage! Keep up the fantastic works guys
    I’ve included you guys to my blogroll.

    Here is my web blog – Erorectin Reviews


    Hi my loved one! I wish to say that this post is awesome, nice
    written and come with almost all significant infos. I would like to look extra posts like

    Look into my page;

  21. Keenan

    I wanted to thank you again for this amazing site you have made here.
    It is full of ideas for those who are genuinely interested in this specific subject, specifically this very post.

    You really are all really sweet along with thoughtful of others as well as
    reading your website posts is a good delight if you ask me.

    And what generous surprise! Ben and I are going to have excitement making
    use of your suggestions in what we need to do in the future.
    Our record is a mile long so your tips will definitely
    be put to good use.

    Also visit my web-site – Keenan

  22. Pure Keto Burn Pills

    Somebody necessarily lend a hand to make seriously posts
    I’d state. This is the first time I frequented your web page and thus far?

    I amazed with the analysis you made to make this particular put up extraordinary.
    Wonderful activity!

    My site; Pure Keto Burn Pills


    Hey there fantastic website! Does running a blog such as this require a great deal of work?
    I have virtually no expertise in computer programming however I was hoping to start my
    own blog soon. Anyway, if you have any suggestions or tips for new blog owners
    please share. I know this is off topic nevertheless I just
    had to ask. Many thanks!

    Here is my web blog

  24. Allura Fresh

    Hello my friend! I wish to say that this article is awesome, great written and include almost all significant infos.
    I’d like to look more posts like this.

    Here is my homepage – Allura Fresh


    Hi, the whole thing is going perfectly here and ofcourse every one is sharing facts, that’s actually excellent, keep up writing.

    Visit my web page ::

  26. Greetings from Carolina! I’m bored at work so I decided to check out your website on my iphone during
    lunch break. I enjoy the info you provide here and can’t wait to take a look
    when I get home. I’m shocked at how fast your blog loaded on my mobile ..
    I’m not even using WIFI, just 3G .. Anyhow, awesome site!

    Feel free to visit my web site … Erorectin Male Enhancement Review

  27. Rhino Spark Review

    When I originally commented I appear to have clicked
    the -Notify me when new comments are added- checkbox and from now on whenever a comment is added I receive 4 emails with the exact same comment.
    Is there a means you are able to remove me from that service?


    My blog – Rhino Spark Review

  28. UltraCut Keto

    I truly enjoy examining on this internet site, it has
    got great articles.

    my web site … UltraCut Keto

  29. Keto Redux

    I have been exploring for a little bit for any high-quality articles or weblog posts in this sort of area .
    Exploring in Yahoo I ultimately stumbled upon this web site.
    Studying this information So i’m happy to exhibit that I’ve an incredibly just right uncanny feeling
    I discovered exactly what I needed. I most surely will make sure to don?t
    disregard this site and give it a look on a relentless basis.

    Look into my site: Keto Redux


    Do you have a spam issue on this site; I also am a blogger, and I was curious about your situation; we
    have created some nice practices and we are looking to swap techniques with other folks, be sure to shoot me an email if interested.

    Check out my blog post …

  31. DFine8 Reviews

    Marvelous, what a webpage it is! This website presents useful facts to us,
    keep it up.

    My site :: DFine8 Reviews

  32. Hi colleagues, nice post and fastidious arguments
    commented at this place, I am really enjoying by these.

  33. Xoth Keto

    Whoah this weblog is fantastic i love studying your posts.
    Keep up the great work! You realize, a lot of
    individuals are looking around for this info, you can help them greatly.

    my blog post – Xoth Keto

  34. Green Earth CBD

    I just wanted to thank you once again for your amazing web site you have produced here.

    It’s full of useful tips for those who are actually interested in this subject, primarily this very post.
    You’re really all so sweet and thoughtful of others and also reading your website posts is a great delight in my
    experience. And thats a generous treat! Tom and I will have enjoyment
    making use of your points in what we should instead do in the future.

    Our listing is a mile long which means your tips will be
    put to excellent use.

    my blog post … Green Earth CBD

  35. Thank you for some other informative website. The place else could I am getting
    that kind of information written in such a perfect approach?
    I have a challenge that I’m simply now running on, and I have been on the glance out for such information.

    Feel free to visit my web blog Libido Boost Male Enhancement Reviews

  36. high country casino

    Hurrah! In the end I got a blog from where I be able
    to really take helpful facts regarding my study and knowledge.

  37. After I originally left a comment I seem to have clicked the -Notify me when new comments are
    added- checkbox and from now on each time a comment is added
    I get 4 emails with the exact same comment.

    There has to be a way you can remove me from that service?


    Also visit my web blog Xoth Keto BHB Reviews


    Hi there terrific website! Does running a blog similar to
    this require a massive amount work? I have no knowledge of coding
    however I had been hoping to start my own blog in the near future.
    Anyhow, if you have any ideas or tips for new blog owners please share.

    I understand this is off topic however I simply needed to ask.


    My homepage …


    I blog frequently and I really appreciate your content.
    The article has truly peaked my interest.
    I will book mark your website and keep checking for new details about
    once a week. I subscribed to your Feed too.

    Feel free to visit my website …

  40. SoloVolt Review

    Piece of writing writing is also a excitement, if you know afterward you can write or
    else it is complex to write.

    My web site – SoloVolt Review

  41. Syner Sooth CBD

    I am genuinely happy to glance at this web site posts which contains lots of helpful data, thanks for providing these information.

    Stop by my page – Syner Sooth CBD

  42. Thanks for the sensible critique. Me and my neighbor were
    just preparing to do a little research on this.
    We got a grab a book from our area library but I think
    I learned more from this post. I’m very glad to see such magnificent info being shared freely out there.

    My website … SynerSooth CBD Gummies


    Hey there, You’ve done an excellent job. I’ll certainly digg
    it and personally suggest to my friends. I’m sure they will be
    benefited from this web site.

    Stop by my blog post ::

  44. I?m not that much of a online reader to be honest but your sites really nice, keep it up!
    I’ll go ahead and bookmark your site to come back later on. Many thanks

    Feel free to surf to my blog Syner Sooth CBD Reviews

  45. Sion Cooler Review

    Hello there, just became aware of your blog through Google, and found that it’s really informative.
    I am gonna watch out for brussels. I will appreciate if
    you continue this in future. Many people will be benefited
    from your writing. Cheers!

    Here is my site … Sion Cooler Review

  46. Elise

    you are really a just right webmaster. The web site
    loading speed is incredible. It seems that you’re doing any distinctive trick.
    Also, The contents are masterwork. you have performed a great
    activity on this topic!

    my webpage – Elise

  47. indiana casinos

    This article offers clear idea in support of the new visitors of blogging, that truly how to
    do blogging.

  48. Mermber XXL Reviews

    Hello there! Would you mind if I share your blog with
    my twitter group? There’s a lot of folks that I think would really enjoy your content.
    Please let me know. Thank you

    My site; Mermber XXL Reviews

  49. DFine8

    Hello very nice web site!! Guy .. Excellent .. Superb ..
    I’ll bookmark your site and take the feeds also?
    I am satisfied to find numerous helpful info right here
    in the put up, we’d like work out extra strategies
    in this regard, thank you for sharing. . . . . .

    Visit my homepage :: DFine8


    Wow! This could be one particular of the most helpful blogs We have ever arrive across on this subject.
    Basically Magnificent. I am also an expert in this topic so
    I can understand your hard work.

    Also visit my web site:

  51. Awesome blog! Do you have any tips for aspiring writers?
    I’m planning to start my own website soon but I’m a little lost
    on everything. Would you propose starting with a free platform like WordPress or go for a paid option? There are so many options
    out there that I’m completely overwhelmed .. Any recommendations?
    Bless you!

    my blog post :: Erorectin Male Enhancement Reviews

  52. Wonderful beat ! I wish to apprentice while you amend your web site, how could i subscribe for a
    blog website? The account helped me a acceptable deal.
    I had been a little bit acquainted of this your broadcast provided bright clear concept

    Review my blog post – Slim X Keto Ingredients


    Hi there I am so grateful I found your site, I really
    found you by mistake, while I was searching on Digg for something
    else, Anyways I am here now and would just like to say thank
    you for a remarkable post and a all round entertaining blog
    (I also love the theme/design), I don?t have
    time to read through it all at the moment but I have saved it
    and also included your RSS feeds, so when I have time I will be back to read more, Please
    do keep up the fantastic work.

    Look into my blog post;

  54. CoolEdge AC Reviews

    Thank you for the sensible critique. Me and my neighbor were just
    preparing to do some research on this. We got a grab a book from our local library but I think I learned more from this post.
    I am very glad to see such fantastic info being
    shared freely out there.

    Also visit my web page :: CoolEdge AC Reviews

  55. Oracle Leaf CBD

    Great – I should definitely pronounce, impressed with your site.
    I had no trouble navigating through all tabs as well as related info ended up being truly easy
    to do to access. I recently found what I hoped for before you know it at all.
    Reasonably unusual. Is likely to appreciate it for those who add forums or anything, site theme .
    a tones way for your customer to communicate. Nice task.

    Also visit my page Oracle Leaf CBD


    I used to be recommended this website by my cousin. I’m no
    longer positive whether or not this put up is written through him as no one else recognize such specified approximately my difficulty.
    You’re wonderful! Thank you!

    My page … Nitro Strive Review (

  57. D-Fine8

    Great blog right here! Also your web site so much up very fast!
    What host are you using? Can I get your affiliate link on your host?
    I wish my website loaded up as quickly as yours lol

    Also visit my page – D-Fine8

  58. DFine8 Review

    Hello There. I found your blog using msn. This is a
    very well written article. I’ll make sure to bookmark it and come back to read more of your
    useful information. Thanks for the post. I’ll definitely return.

    Look at my web-site :: DFine8 Review

  59. Right here is the perfect web site for anybody
    who wants to understand this topic. You understand a whole lot its almost hard to
    argue with you (not that I really will need to?HaHa).

    You certainly put a new spin on a subject that has been discussed for years.
    Great stuff, just wonderful!

    Here is my page;

  60. Hi, Ӏ cheϲk your blog daily. Your writing
    style is awesome, keep it up!


    certainly like your web-site but you need to check the spelling on several of your posts.
    Several of them are rife with spelling issues and I to find
    it very troublesome to inform the truth however I will definitely come again again.

    Feel free to surf to my web-site …

  62. You really make it seem so easy with your presentation but I find this matter
    to be really something which I think I would never understand.
    It seems too complex and very broad for me. I am looking forward for your next post, I’ll try to get the hang
    of it!

    Here is my website IQ SuperCharger Reviews

  63. you’re really a good webmaster. The site loading velocity
    is amazing. It kind of feels that you’re doing any unique trick.
    Furthermore, The contents are masterwork. you have done
    a excellent job on this subject!

    My web site – Allura Fresh Cream Review

  64. Keto BHB Plus

    Hello it’s me, I am also visiting this website regularly, this website is in fact pleasant and the people are in fact sharing pleasant thoughts.

    Here is my blog post … Keto BHB Plus


    I know this if off topic but I’m looking into starting my own weblog and was curious what all
    is required to get setup? I’m assuming having a blog like yours
    would cost a pretty penny? I’m not very web savvy so I’m not
    100% positive. Any suggestions or advice would be greatly appreciated.
    Thank you

    Feel free to visit my page ::

  66. Hiya, I am really glad I have found this information. Today bloggers publish just about gossips and net and this
    is actually annoying. A good site with exciting content, this is what I need.

    Thanks for keeping this web-site, I will be visiting it.

    Do you do newsletters? Cant find it.

    Here is my web site Ultra Cut Keto Reviews

  67. indiana casino

    I every time used to study article in news papers but now as I am a user of internet so from now
    I am using net for posts, thanks to web.

  68. bitcoin gambling

    Ahaa, its good conversation regarding this paragraph at this place at this
    weblog, I have read all that, so at this time me also commenting here.

  69. pengeluaran hk

    Good day! I know this iss kind of off topic buut I
    was wondering which blog plstform are you using for
    this site? I’m getting fed up of WordPress beecause I’ve had
    issuhes with hackers and I’m looking aat alternatives for another platform.
    I would be great if you could point me in the
    dirdction of a good platform.

  70. dies

    Hi! This is my first visit to your blog! We are a team of volunteers and starting a new project in a community in the
    same niche. Your blog provided us beneficial information to work on. You have done
    a extraordinary job!

Leave a Reply