It feels natural name your spouse or a child to handle your estate. Family members often serve without pay. They feel good because they have been appointed to a position of honor. But they are often overwhelmed. What seems like such an easy job is actually complex and fraught with potential liability.
When serving as a fiduciary, you can’t fly by the seat of your pants. You can’t use your gut. You can’t rely on logic or reason unless you understand the law and the facts. Sometimes it is a good idea to name your spouse or child. Sometimes there are good reasons to use a professional trustee. Every case is different.