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

When creating a Special Needs Trust in Washington, it is important to name a trustee who will be responsible for managing and administering the trust. The trustee should always be someone reliable and trustworthy, who understands the role and is capable of following the trust document. When looking for a trustee, you should consider both individuals and corporate trustees. An individual trustee is someone you know, such as a family member or a close friend. They can be a great option because they may be more familiar with your needs and goals for the trust. However, be sure to choose someone who is experienced and qualified to manage the trust. A corporate trustee is a professional service that acts in the role of trustee of the trust. While they may charge a fee to manage the trust, they also provide more expertise and may be better at making legally-sound decisions. A corporate trustee can also help to manage the trust for a longer period of time than an individual trustee could. When selecting a trustee, be sure to speak with a qualified attorney or financial advisor to discuss the options and evaluate which is best for your needs. They can also provide advice and guidance on the legal aspects of setting up the trust and choosing a trustee.

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

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