Does a trustee from a trust account have to be a resident of the state in which the trust was originated?

Asked on July 11, 2012 under Estate Planning, Virginia


M.T.G., Member, New York Bar / FreeAdvice Contributing Attorney

Answered 8 years ago | Contributor

No, not necessarily.  When you say "originated" do you mean where the trust was written or whre the trust is being maintained? States could have rules about being an in state trustee or adding additional requirements for an out of state trustee (just like an out of state executor) so I would double check with an attorney in your aera.  Good luck.

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