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The Successor Trustee Can Take Over If You Are Incapacitated But Not Dead

The Successor Trustee Can Take Over If You Are Incapacitated But Not Dead

Passing It On: Estate Planning for Families · Michael Pevney

December 21, 20231m 53s

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Free Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com The next trustee can take over not only when you're dead, but also when you're medically incapacitated. This gives them power over the property inside of the trust, but it typically has to be used for your benefit before you pass away. A trustee like this can often work hand-in-hand with a Power of Attorney, in fact, sometimes they are the same person. #LivingTrust #PowerOfAttorney #EstatePlan #EstatePlanningLawyer #LivingTrust.