Attorney Todd Marquardt talks about choosing a trustee and more on this edition of Talk Law Radio!

Today's episode is all about deciding who the trustee of the trust you created should be. You might nominate a person, like a family member, friend, accountant or attorney to be the trustee; or you might nominate a bank or a Trust Company. Before we go into detail about factors and issues to consider when deciding on who should be trustee, let's define what a trust is from the perspective of the IRS and the perspective of the Social Security Administration. We will talk about initial trustees, successor trustees, co-trustees, incapacity trustees, investment trustees, distribution trustees, and beneficiary trustees. Then, we will open our Bibles to Matthew 25:14 to see how the managers in the parable of talents is an example of one of the duties that a trustee has. Along the way, we will talk about sinners, saints, and legacy. Plus, I'll give a short review about God Bless the USA Bible that can be purchased at https://leegreenwood.com. Remember that Marquardt Law Firm, P.C. sponsors our show. Attorneys at Marquardt Law Firm, P.C. can give someone who has been appointed as a trustee legal advice. Visit www.MarquardtLawFirm.com to learn more or schedule an appointment.

The mission of Talk Law Radio is to help you discover your legal issue blind spots by listening to me talk about the law on the radio. The state bar of Texas is the state agency that governs attorney law licenses. The State Bar wants attorneys to inform the public about the law but does not want us to attempt to solve your individual legal problems upon the basis of general information. Instead, contact an attorney like Todd A. Marquardt at Marquardt Law Firm, P.C. to discuss your specific facts and circumstances of your unique situation.

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