There will come a time when someone needs to take over (either because of illness or death). When that time comes, it can be helpful to divide the responsibilities between two or more successor trustees. For example, you may decide to have one trustee manage accounts and property and another trustee handle distributions to beneficiaries.
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revocable living trust
Gregory S. DuPont
Wills vs Revocable Living Trust
A revocable living trust is a legal document that allows you to maintain control over your assets while avoiding probate. Learn more about how it works with this comprehensive guide from the experts at The Law Offices of DuPont and Blumenstiel.