Estate Planning- How To Appoint An Executor Trustee
The Law Firm of Pozzuolo Rodden, P.C., Philadelphia Estate Planning Lawyers, announces the release of the article Estate Planning- How to Appoint an Executor Trustee.
Who you appoint as executor of your will or as trustee of your trust is an important decision because the positions carry significant responsibility. Executors and trustees (“fiduciary” or “fiduciaries”) must efficiently administer your estate or trust, respectively, and your fiduciary will have responsibility for the financial well-being of your current and future beneficiaries. You may appoint as executor trustee individuals or certain financial institutions, like banks or trust companies, or a combination of the two. There are benefits to choosing each, and who you should choose will depend on your desires, needs, and financial circumstances.
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