Can there be more than one trustee of a trust?

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1234700

2026-04-17 09:06

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Yes, a trust can have multiple trustees. Having more than one trustee can provide a checks-and-balances system, allowing them to collaborate in managing the trust's assets and making decisions. However, it’s important to clearly outline the roles, responsibilities, and decision-making processes for each trustee in the trust document to avoid potential conflicts or confusion.

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