Solomon, Steiner & Peck, Ltd.
Call today for a consultation:
216-245-0185 / 866-642-0932

Picking a trustee

Sometimes, people here in Ohio end up including trusts in their estate plans. Trusts can be aimed towards a variety of goals. How successful a trust ultimately is at achieving its intended goals can be affected by many things. This includes how the trustee acts.

The trustee is the person in charge of managing the property put into the trust, pursuant to the trust's terms. So, who a person picks as trustee can have very big impacts.

Who can be selected as a trustee? People generally have a very wide range of choices in this regard. They could pick a friend or a family member. They could choose to have a corporate trustee (as a note, there are added costs that go with this). In the case of a living trust, a person could even choose to have himself or herself be the trustee.

A person could also decide to have multiple people serve together as trustees. How well the co-trustees get along and work together can be very impactful in this type of arrangement.

As this illustrates, there are many different routes a person could go when it comes to a trustee for his or her trust. Each can have its own pluses and minuses, so thinking carefully about what option would best fit one's goals can be very important when picking a trustee. Other things it can be important to factor in are the trustworthiness and common sense of the individuals one is considering.

Along with picking a main trustee, a person can also name a backup. This is called a successor trustee. A successor trustee would step in if the main trustee is unable or unwilling to serve the role. So, who to name for this role is another thing it can be important to give careful thought to when forming a trust.

People can take questions they have on trustee selection and other aspects of forming trusts to skilled estate planning attorneys.

No Comments

Leave a comment
Comment Information

2005 BBB Torch Award Recipient Recipients of the 2005 BBB Torch Award Honoring Business of Integrity

  • ASNP
  • CMBA Green Certified 2107-19
  • member of the national eldercare matters Alliance
  • Golden opportunities

We are here to help. Contact our attorneys today.   

Bold labels are required.

Contact Information

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.


Privacy Policy

Mayfield Heights Office
6105 Parkland Boulevard
Suite 140
Mayfield Heights, OH 44124

Toll Free: 866-642-0932
Phone: 216-245-0185
Fax: 216-595-2787
Mayfield Heights Law Office Map

Independence Office
Crowne Centre
5005 Rockside Road, Suite 600
Independence, OH 44131

Toll Free: 866-642-0932
Phone: 216-245-0185
Fax: 216-595-2787
Map & Directions

Westlake Office
PS Executive Centers
1991 Crocker Road
Suite 600
Westlake, OH 44145

Toll Free: 866-642-0932
Phone: 216-245-0185
Fax: 216-595-2787
Map & Directions

Mentor Office
5966 Heisley Road
Ste 201
Mentor, OH 44060

Toll Free: 866-642-0932
Phone: 216-245-0185
Fax: 216-595-2787
Map & Directions

Review Us