Upon the death or incapacity of the original trustee of a trust, new trustees, which are designated in the trust, will begin to administer the trust assets for the benefit of the beneficiaries. These new trustees are called ‘subsequent trustees’.
LAW OFFICES OF JOSEPH P. FOLEY
Estate Planning, Probate, and Conservatorships
Upon the death or incapacity of the original trustee of a trust, new trustees, which are designated in the trust, will begin to administer the trust assets for the benefit of the beneficiaries. These new trustees are called ‘subsequent trustees’.