Webinar – Who Should Serve as Trustee? Making One of Estate Planning’s Most Important Choices

Selecting a trustee is one of the most important—and often underestimated—decisions in the estate planning process. The individual or institution you choose will be responsible for carrying out your wishes, managing assets, navigating family dynamics, and exercising judgment during some of life’s most sensitive moments.

In this educational webinar, Stephen R. Elville, Managing Principal and Lead Attorney of Elville and Associates, guides attendees through the trustee selection process and explains why thoughtful planning in this area is essential to the long-term success of any estate plan.

This presentation is designed to help individuals, families, and professional advisors understand the real-world responsibilities of trustees, the risks associated with poor or outdated selections, and how proper trustee succession planning can prevent disruption, conflict, and unintended outcomes.

Topics of discussion will include:

• What a trustee is and the legal and practical responsibilities the role entails

• The different types of trustees—individual, professional, and corporate—and the advantages and limitations of each

• Establishing realistic benchmarks for selecting the “right” trustee

• Why trustee selection plays a critical role in effective estate and trust administration

• Trustee succession planning and why it is often overlooked, yet vital

• The role of trustees in both wills and trusts

• When and why appointing a corporate trustee may be appropriate

• Understanding and mitigating “successor trustee risk”

To RSVP for the webinar and receive your personal link to attend, please click here.

Should you have questions prior to the event, please contact Jeff Stauffer, Community Relations Director and webinar moderator, at jeff@elvilleassociates.com or 443-393-7696 x117. We look forward to hosting you.