Who should I name as the trustee of my Special Needs Trust?

When appointing a trustee of a Special Needs Trust in Georgia, it is important to choose someone that you trust to handle and manage the trust. Usually, the trustee is someone that you have a relationship with; a family member, friend, or professional adviser. It is helpful to choose someone that is familiar with the planning process (especially if they have gone through it before), as they will be able to guide you in making decisions that will protect your family member’s asset and income. Make sure that your trustee is also familiar with the local benefits and the special needs trust laws of your state. You may want to seek advice from a qualified elder law attorney regarding which state laws are applicable in your particular situation. It is important to consider an appropriate compensation rate for the trustee in order to ensure fair and accurate management of the trust. If you plan on using a professional trustee, you should research their fees and determine whether they are a good fit for your trust. It is also important to consider the trustee’s qualifications and character. You may want to review references or conduct your own background check. Appointing a trusted individual as the trustee of your Special Needs Trust will help ensure that your family member’s assets are managed responsibly.

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