One of the most important decisions you can make when finalizing your estate plan is to name your trustee. There are some instances where you can serve as the trustee while you are alive and others where you need to appoint another entity or person as the trustee immediately. Whether you are choosing a primary or successor trustee, making the decision on who to appoint a is very important decision. Depending on the trust, the trustee may be required to perform complex tasks. Whether you choose a trusted family member, friend, or trust company, the trustee is responsible for significant record keeping and must consider the financial wellbeing of both current and future beneficiaries. The trustee may also be responsible for making investment decisions. While family members and friends may be trustworthy, dealing with the record keeping and distribution of trust assets can be times can be difficult and emotional. At times this may obscure objectivity when making decisions when it comes to managing a trust for family members.