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Infolawyer
Infolawyer, Attorney
Category: Estate Law
Satisfied Customers: 56532
Experience:  Licensed attorney helping individuals and businesses.
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Can there be more than 2 people listed as trustees on an

Customer Question

Can there be more than 2 people listed as trustees on an irrevocable trust that pertains to property?
JA: Estate laws vary by state. What state are you in?
Customer: Minnesota
JA: What documents or supporting evidence do you have?
Customer: I have a copy of an irrevocable trust in front of me, my husbands family is working with an attorney to add their parents home and cabin to an irrevocable trust and only 2 of the 4 boys are listed on it and the attorney says that no more can be listed. This trust gives the trustees the legal right to "maintain the properties as they see fit" and they do not need to be accountable to anyone. I am just trying to double check from an outside source
JA: Anything else you want the lawyer to know before I connect you?
Customer: Is there only one way to write the irrevocable trust that gives the trustee(s) the right to use the monies in the trust as they see fit with no accountability to anyone or can clauses be put in to safeguard the funds?
Submitted: 7 months ago.
Category: Estate Law
Expert:  Infolawyer replied 7 months ago.

Hello and welcome. I am working on your answer and will be right back!

Expert:  Infolawyer replied 7 months ago.

The short answer is yes.

Expert:  Infolawyer replied 7 months ago.

There can be 2 or more, but consider what happens with 2 if there is disagreement. 3 is generally better allowing for majority vote.

Let me know if that is clear and acceptable.

Expert:  Infolawyer replied 7 months ago.

Kindly rate me 5 stars for the answer,

Expert:  Infolawyer replied 7 months ago.

thanks in advance.

Customer: replied 7 months ago.
Stop sending me these texts
Expert:  Infolawyer replied 7 months ago.

the question remains open so I am just inquiring if anything can be clarified, and if I answered your question would appreciate a 5 star rating. thank you and happy holidays.

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