What are my options for naming trustees, executors and attorneys-in-fact?
Normally, when naming a Trustee (to manage your trust), Executor (to carry out the terms of your Will) and Attorney-in-Fact (to serve in your Durable General Power of Attorney), your best choice(s) will come from family members and close friends. Assuming you trust such individual(s) to manage your affairs when necessary and to administer and distribute your assets, they are able to provide a personal touch no other individual or institution can provide. However, if you do not have a family member or close friend you can trust in such a capacity, you can name a professional advisor or trust company to serve as Trustee or Executor. You should consult your estate planning professional for advice as to your options with respect to naming individuals or institutions other than family members and close friends.
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