Can a minor become a trustee of a Trust?
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Can a minor become a trustee of a Trust?
The minor is 17.
Asked on February 24, 2015 under Estate Planning, Alabama
Answers:
S.L,. Member, California Bar / FreeAdvice Contributing Attorney
Answered 9 years ago | Contributor
A minor cannot serve as trustee. When this individual turns 18, he/she will then be an adult under the law and can then serve as trustee.
The trustee has various duties which may include entering into contracts, prudent investments to make the trust property productive, etc. A minor cannot enter into a contract, etc. and therefore could not perform the duties of trustee.
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