Sentences with phrase «named successor trustee»

These guidelines may include the timing and method for distribution of trust assets, types of investments that can be made within the trust and naming successor trustees.

Additionally, you are able to name a successor trustee who will manage your trust after you die, and is also empowered to do so if you become disabled.

You can name yourself as the initial trustee of your living trust (most people do), and then name a successor trustee to manage the trust if you become unable to do so.

Not exact matches

As a professional trustee, Edward Jones Trust Company can be named as current, successor or co-trustee.

You name yourself as trustee and someone else as a successor trustee.

During your lifetime you can name yourself trustee with First Bank & Trust being named as successor trustee to take control and administer your trust after your death.

Successor Trustee: Person or institution named in the trust document who will take over should the first trustee die, resign or otherwise become unable Trustee: Person or institution named in the trust document who will take over should the first trustee die, resign or otherwise become unable trustee die, resign or otherwise become unable to act.

You may need to provide a copy of the new title page and possibly the second page where the successor trustee is named.

Should the trustee be given the power to name a new caregiver if the primary and successor caregivers named in the trust fail?

If they had decided to create a trust, they could have chosen to name the trust the primary beneficiary and named each other co - trustees with Sirius being successor trustee.

Here's my question... Can I just name myself as successor trustee to convey title WITH - OUT A PETITION?