How to Choose the Right Type of Professional Trustee

In a prior podcast, we discussed how discussing the subject of Successor Trusteeship is one of the most important conversations you can have with your clients.

We also discussed how the “default’ selection of a family member trustee can lead to family disharmony, and even conflict.

It is important for you to know, however, that just because a client is considering a professional trustee, it doesn’t necessarily mean they must find a local bank trust department to help them.

In this podcast, listen as San Jose Estate Planning Attorney John Erik Fraker discusses the two types of professional trustees: (1) Corporate or Bank Trustees and (2) Professional Fiduciaries.