Successor Trustee
Learn about successor trustees and their role in trust management. Understand how they ensure continuity when the original trustee cannot serve.
What happens if a successor trustee cannot serve when needed?
If a successor trustee cannot serve, the trust document typically names alternate successors or provides procedures for appointing a new one. Many trusts include multiple backup trustees or allow beneficiaries to select a replacement. Without proper succession planning, a court may need to appoint a trustee, which can delay trust administration and increase costs.
