CunninghamLegal’s CEO, and trust administration attorney James L Cunningham explains what an independent trustee is and why you may need to appoint an independent trustee.
An independent trustee can distribute funds to your heirs for health, education, maintenance, etc. Some trusts permit this type of trustee to distribute for any purpose. Watch this legal webinar about independent trustees to see why you would need to appoint one when estate planning.
If you’re planning your estate, it’s crucial to understand the role of everyone involved and why they may be necessary. In this informative legal webinar, CunninghamLegal’s CEO and experienced trust administration attorney James L Cunningham provides valuable insights into the benefits of appointing the right kind of trustee.
An independent trustee is a third-party appointed to manage and administer a trust in accordance with your wishes. They have no personal interest in the trust and are not related to the beneficiaries, which ensures that they make impartial decisions in the best interests of the beneficiaries.
During this legal webinar, James L Cunningham explores the different types of trusts that may require an independent trustee, such as special needs trusts or trusts for minor children. He also explains the legal responsibilities and duties of an independent trustee and how they can help you achieve your estate planning goals.
Whether you’re creating a trust for the first time or looking to review your existing estate plan, this legal webinar is a must-watch. By learning more about estate planning, you can ensure that your wishes are carried out, and your loved ones are protected. So don’t wait any longer, sign up today, and take control of your estate planning journey!