Many estate plans call for assets to be held in trust.  A trust is a fiduciary arrangement allowing a trustee to hold legal title to assets for beneficiaries.  A trustee can be a non-professional or professional individual, or an institution.

Each has its advantages and disadvantages, depending on the specific nature of the trust.  So, who is the right choice?  To learn more about of each type of trustee, see our paper:  Selecting a Trustee