Legal Question in Wills and Trusts in New Jersey
Executors of Disclaimer Trust
Can the surviving spouse and their two children be the trustees of the credit shelter trust, with no other disinterested parties involved ?
Asked on 5/26/07, 11:15 am
1 Answer from Attorneys
Jonathan Chester
The Law Office of Jonathan S. Chester, Esq., LLC
Re: Executors of Disclaimer Trust
Yes, the surviving spouse and the children can be co-trustees of the credit shelter trust without disinterested co-trustees. In fact, the surviving spouse can be the sole trustee, provided the trust is drafted properly.
Answered on 5/29/07, 9:36 am