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

When it comes to setting up a Special Needs Trust in Nevada, the question of who should be named as the trustee is very important. The first person to consider is someone you trust to make decisions in your best interests. This person should also be willing and able to manage your trust, be organized and knowledgeable about trust law, and have a strong understanding of your health care and financial needs. The ideal person to serve in this role is usually someone close to you, such as a family member, friend, or even an advisor you have consulted with on your estate planning needs. When selecting your trustee, you should consider their competency, trustworthiness, accessibility, and the expertise they bring to the role. Your trustee should also be able to protect your assets while ensuring your wishes for your special needs trust are followed properly. The most important factor is that your trustee understands and complies with the disability planning law in Nevada. This means they are able to understand the implications of accepting this role and meet all the criteria laid out by the law to act as trustee on your behalf. To ensure the best outcome and that your special needs trust is managed properly, it is important to select a trustee that meets all the requirements.

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

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