We prepare special needs trusts for beneficiaries to help insure the recipient of inherited or gifted assets can continue to qualify for government or private benefits. Clients who are creating these trusts often struggle to decide who they should appoint as trustee of the trust. We want to make sure that we select the correct person or entity because the trustee will make investment and distribution decisions that will impact the special needs beneficiary and remainder beneficiaries alike.

We can never be sure about how a trustee will do their job for years or decades to come. As a result, many clients choose to have a Trust Protector appointed. The Trust Protector oversees the actions of the trustee to make sure the trustee is doing a good job. Read the attached article to review some of the issues concerning the appointment of a special needs trust trustee and how the appointment of a Trust Protector can help insure a successful special needs trust.

Share on Social Media

• 
• 
• 
• 
•