Legal Question in Wills and Trusts in Florida
Can a Beneficiary of a trust also be Trustee of
the Trust in which there are muliple beneficiaries of which he/she is a Beneficiary?
Asked on 7/24/10, 12:29 am
3 Answers from Attorneys
Karnardo Garnett
LegalJourney Law Firm PLLC
Yes, a Beneficiary of a Trust can also be a Trustee of the Trust. Although an issue would arise if the Beneficiary in your example were the sole Beneficiary of the Trust (instead of one of many Beneficiaries of the Trust) and the sole Trustee of the Trust.
Answered on 7/24/10, 4:35 am
Kellen Bryant
Law Office of R. Kellen Bryant, P.L.
If you need any help administring the trust or have any other questions, my office is near you.
Answered on 7/24/10, 9:28 am