Choose the Right Personal Representative or Trustee Your choice of personal representative (for a will) or successor trustee (if you are using a trust) can make or break family harmony.

If my sister outlives both of us, how do we establish someone of the next generation to become trustee of the trust? A: Your mother’s will may state how a successor trustee is to be appointed.

Importantly, Buffett recognized the unique challenge of this task, and he designated three successor trustees who are each well known to his children and made sense to all of them; he also chose ...

No. 2, 3(b)]. Upon the Trustee’s death, the five offspring became successor co-trustees (id.at 7) and upon termination of the Trust, the successor co-trustees were to distribute $5,000.00 to ...