Question by  sbmajors (1)

Can a co-trustee be the sole beneficiary of a trust?


Answer by  tamarawilhite (17883)

Yes. A trustee may be a bank asked to supervise the trust. The co-trustee may be a friend or a relative of the beneficiary who is not related to the person who died.


Answer by  Liz59 (10966)

No, they can not and there is an exact reason as to why they are the co-trustee. The initial person who signed up the co-trustee will be the main beneficiary.

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