Choosing the right trustee is one of the most important decisions in your estate plan—and one of the most misunderstood.
A trustee is the person (or institution) responsible for carrying out the instructions in your trust. They manage your assets, pay your debts, and distribute your estate to your beneficiaries after you pass—or if you become incapacitated.
This isn’t a ceremonial role. A trustee has serious legal and financial duties. Choosing someone trustworthy, competent, and fair is crucial.
What Does a Trustee Actually Do?
In Arizona, a trustee’s core responsibilities include:
- Managing and protecting trust assets
- Communicating with beneficiaries
- Filing taxes and paying valid debts
- Distributing property according to the trust’s instructions
- Keeping detailed records and providing accounting
It can be a lot to take on—especially in complex family situations. That’s why your trustee must be capable, available, and impartial.
Should You Choose a Family Member or a Professional Trustee?
This depends on your family dynamics, the complexity of your estate, and the personalities involved. A family member may be the right choice if they are organized, respected, and emotionally stable. But in high-conflict situations or where large sums are involved, a professional trustee may offer peace of mind and neutrality.
Some people even name a co-trustee structure, where a family member and a professional share responsibilities. This balances personal insight with fiduciary skill.
Common Mistakes in Choosing a Trustee
- Picking someone based solely on birth order or family pressure
- Choosing someone who is already overwhelmed or disinterested
- Failing to name successor trustees in case your first choice is unavailable
We Help You Get It Right
At Modern Law, we guide you through the entire process of setting up and funding your trust—including picking the right trustee. We’ll talk about your goals, your family, and what kind of support your beneficiaries may need.
Let’s make sure your trust is in good hands. Contact Modern Law today to schedule your estate planning consultation.
