Minneapolis, MN asked in Estate Planning for Minnesota

Q: Quit claim deed in regards to living trust

How can our sister who is successor trustee of living trust be named as the grantee in the form of Jane Doe ,Trustee not Jane Doe , Successor Trustee also named is living trust by its title

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1 Lawyer Answer
Scott Maki
Scott Maki
  • Estate Planning Lawyer
  • Moorhead, MN
  • Licensed in Minnesota

A: "Successor" trustee just designates who will be trustee of the living trust in the FUTURE - after the original grantor of the living trust dies or becomes incapacitated.

However, when the original grantor does or becomes incapacitated, your sister will then BECOME "trustee" and no longer be the "successor trustee" for the purposes of trust administration (the "trustee" is NOW, the "successor trustee" is the in the FUTURE).

I hope I understood your question and helped to clarify.

Best of luck!

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