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Kids With Special Needs and Disabilities
Reply to "Special Needs Trust - professional trustee or family member?"
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[quote=Anonymous]This is actually a question related to an adult with special needs, but I imagine some parents here have experience related to special needs trusts: When setting up a special needs trust, is it best for the trustee to be a family member or someone who is hired as a professional trustee? I can see how a family member would be more invested in the person's needs. In this case, I would be the appropriate family member, but I am concerned with having little to no spare time to manage the trust and wanting it to be done appropriately. Our situation is that my brother has some special needs and still lives at home with my father. Brother and I are both around 40. My mother passed away and we are getting organized in terms of estate planning and planning for brother's care. My father is not great with admin stuff so he's not a good choice for the trustee. Thanks for your insights. [/quote]
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