Revocable Trust

Is A Cotrustee Really Necessary?

Let's face it...as we age, we need help. Admittedly, many of us need help despite not having aged!

I recently finished an emergency job requiring a quick amendment to a trust to enable a client's children to sign checks for her because Client had a debilitating stroke. Client signed her trust about 15 years ago when she was 70ish and quite capable of handling things herself. I wish that Client had come in for periodic reviews so that we could have suggested her adding cotrustees with her.

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