Common scenarios that call for a professional trustee

Do your clients understand that their particular situation may warrant a professional trustee? Here are some of the most common reasons why.

Is there a better option for trustee?

While many individuals don’t need a professional trustee, some do. For those involved in creating or updating trusts, it’s worth considering whether a particular situation merits a different trustee decision, rather than just selecting a friend or family member.

Common scenarios that call for a professional trustee include:
Common Scenarios_1

Issues with an

existing trustee
Common Scenarios_2

Family members living

out of state
Common Scenarios_3

No appointed

successor trustee
Common Scenarios_4

The unique needs of a

blended family
Common Scenarios_5

Family members with

special needs
Common Scenarios_6

Concerns about

incapacity
Common Scenarios_7

Family member with issues regarding

substance abuse
Common Scenarios_8

Recently managed their parents’ estates and now want to

protect their children

from ever having to do the same

Common Scenarios_9

Looking for an

objective outsider

vs. family members/beneficiaries

Would you like more information?

CU Trust is here to help individuals and families make more informed decisions on the best trustee for their situation. Simply reach out to us today.

Contact us