Who should be named the "trustee" of your trust?
The trustee is the person who will manage and control the trust's home and other assets while you are alive. Generally if you, or you and your spouse, are healthy, the trust documents should list you, or you and your spouse as co-trustees. In the case of a married couple, this allows the surviving spouse to automatically take control when the other dies or becomes incapacitated.
You also will need to designate a successor trustee. This is the person (or perhaps a bank or other organization) that you want to control the trust after both of you have passed away. The successor trustee's primary job is to ensure that your assets are distributed to your heirs according to the wishes spelled out in your trust or will.
