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Learn how to choose the right trustee for your living trust. Understand trustee responsibilities, qualifications, and key factors to consider when selecting ...
Yes, you can serve as your own trustee (called a "grantor-trustee") while you're alive and mentally capable. This allows you to maintain complete control over your trust assets and make changes as needed. However, you'll need to name successor trustees who can step in if you become incapacitated or pass away. Many people choose this approach because it provides maximum control during their lifetime while ensuring continuity of management later.