${site.data.firmName}${SEMFirmNameAlt}
Throughout Southern California
310-324-9403
Toll-Free
866-402-1805
View Our Practice Areas

Should a Person Who Is Not a Family Member Serve as My Trustee?

Selecting an individual to serve as a trustee is a challenging process, and the usual default is to a family member. But that's not always the best solution. Here are some points to consider on the selection of a trustee.

One of the toughest decisions in estate planning centers on selecting a trustworthy family member to be the trustee. But sometimes the best person for the task is not a family member. And trust is not always the driving factor.

Often, no one person in the family possesses the skills and knowledge to serve as a trustee.

There are a number of things to consider when making this important decision. Here are a few good reasons why you might want to consider selecting a person who is not a member of the family to be a trustee, as covered in The Wills, Trusts & Estates Prof Blog post "Why It Is a Good Idea to Choose a Non Family Trustee.":

  • Time - Does the family member have the time that is required to manage the trust? This may become burdensome for people who are busy with families, jobs and their own responsibilities.
  • Personal Liability - There is a downside to being a trustee. The family member is exposed to liability that may have a significant impact on their own financial well being.
  • Family Disputes - Sadly, it is not unusual for beneficiaries to have conflicts with the trustees. Heirs may differ in how the assets are being distributed or invested and coming into conflict with a non-family member, especially a financial professional, may be less harmful to the family dynamic than fighting with a relative.

Selecting a trustee requires careful planning, insight into the process of being a trustee and sometimes, making a different decision than one would expect.

Contact an estate planning attorney for some ideas appropriate for your circumstances.

No Comments

Leave a comment
Comment Information
Email Us For A Response

Find Out The Difference That Experience And Expertise Makes

Get the peace of mind that you deserve. First, attend a seminar. This will entitle you to a free initial consultation and a discounted estate planning fee. To learn more about our services or sign up for a seminar, contact us online or call us at 866-402-1805. We have offices in Torrance, Orange, Newport Beach, Pasadena and Woodland Hills.

Questions? Contact Us.

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Call Now For A Free Consultation: 866-402-1805
  • ${site.data.firmName}${SEMFirmNameAlt}
  • Main Office: Torrance

    Torrance Office
    990 West 190th Street
    Suite 500
    Torrance, CA 90502

    Toll Free: 866-402-1805
    Map & Directions

    Orange Office
    333 City Boulevard West
    17th Floor
    Orange, CA 92660

    Toll Free: 866-402-1805
    Map & Directions

    Newport Beach Office
    5000 Birch Street
    Suite 8000
    Newport Beach, CA 92660

    Toll Free: 866-402-1805
    Map & Directions

    Pasadena Office
    790 East Colorado Boulevard
    9th Floor
    Pasadena, CA 91101

    Toll Free: 866-402-1805
    Map & Directions

    Woodland Hills Office
    5850 Canoga Avenue
    4th Floor
    Woodland Hills, CA 91367

    Toll Free: 866-402-1805
    Map & Directions

    Office map
Check out The Law Firm of Kavesh, Minor & Otis on Yelp
Check out Kavesh Minor & Otis on Yelp
Check out The Law Firm of Kavesh, Minor & Otis - Orange on Yelp
Check out The Law Firm of Kavesh Minor & Otis - Pasadena on Yelp