Posted by blucat on August 31, 2007 at 18:03:50:
This is exactly why it’s SO important to name a trustee you can REALLY trust.
Many (maybe most)LT trustees these days are lawyers who are under an ethicaland legal duty to represent their clients and to care for their interests ahead of their own so that’s one possible answer.
If you haven’t a better or more reliable T’ee, talk to some of the biggest law firms in your area and see if one (or 2 or 3 working together as joint t’ees)of their lawyers could be hired for that…the advantage of having more than one would be when one left that firm to go practice elsewhere, one or two of the others would still be there under the big firm’s “umbrella” and oversight.
In fact the trust agreement could spell out that if/when one or two of those lawyer t’ees left their firm, the firm would appoint in-house lawyers as their replacements.