Trustees for Living Trusts in California

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A principal assigns a trustee to control the trust, and in California the principal can also be the trustee. So the person who establishes and funds the trust can also act as trustee of the trust. If the trust is to continue after the principal can no longer manage the trust (through illness or death) the trust must have either a co-trustee or a successor trustee designated to take over automatically.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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