How To Name a Trustee

Generally, trustees are responsible for managing, investing, and distributing the property in the trust. Depending on what your goals are for your trust, you can name a single trustee or multiple trustees.

Who can serve as a trustee

The trustees of your trust can be yourself, your family members or friends, professionals (accountants, attorneys, etc.), a bank or a trust company, or any combination of these people.

To learn about the role and responsibilities of a trustee, see our article Duties of a Trustee.

For advice on how to pick someone to serve as a trustee, see our article How to Choose Trustees.

Successor trustees

If you are naming only a single trustee, you will want to be sure to name at least one successor trustee. In case the primary trustee that you name is not able to serve as trustee for any reason, the successor trustee can serve. If you are the sole trustee you'll also want to name a successor trustee so that the trust can continue to be managed after your death. 

If you are establishing a revocable living trust

If you are establishing a revocable living trust, you will likely name yourself as the sole trustee.

To learn more about living trusts, see our article Living Trusts.

To learn more about revocable trusts, see our article Revocable Trusts.