Jerry Taylor on choosing co-trustees: pick people you trust completely to handle money and decisions, then pick people who can actually do the administrative work. If both a biological daughter and stepdaughter meet those standards, having them share the role works fine.
The question is, what's your opinion on dual trustees? Two daughters, one is a biological daughter, one is a stepdaughter. Uh, first off, when you are choosing trustees, uh, it needs to be someone that you trust implicitly. Absolutely no question. They have a lot of authority when it comes to distributing, uh, the estate. And making sure that the terms of your trust are carried out and put in place after you're gone. So that's requirement number 1. Number 2 would be, you know, to my mind, getting someone who has the, you know, the ability to be able to handle all the administrative matters that are associated with distributing and administering a trust. Once those things are in place, you know, I'm okay with co-trustees. The thing you have to remember, we
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