What If One Has No Trustees - Can A Trust Serve As Trustee

What If One Has No Trustees - Can A Trust Serve As Trustee

Yes, a trust may serve as trustee. However, this will not work for a situation where only one person sits on a board with 2 other trusts serving as trustees - simply because those trusts are are controlled by the one person/trustee. This is in persona conjucta and creates some potentially illegal issues. Avoid having a trust sit as trustee when possible.
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