Understanding the Duties and Responsibilities of a Successor Trustee

What You Will Need To Do At The Grantor's Incapacity And/or Death

Estate Planning > FAQ Topics > Successor Trustee FAQs
 
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15. What if the responsibilities are too much for me?

Consider hiring an attorney, bookkeeper, accountant or corporate trustee to help you. (A corporate trustee can manage the investments and do the recordkeeping.) If you feel you cannot handle any of the responsibilities due to work, family demands or any other reason, you can resign and let the next successor trustee step in. If no other successor trustee has been named, or none is willing or able to serve, a corporate trustee can usually be named.

 

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