Should I Use a Professional Trustee for my Child’s Special Needs Trust in Virginia?

In most cases, parents or family members of a person with special needs serve as trustees of the child’s Special Needs Trust in Virginia. However, in some cases, the parents may choose not to serve as trustee and will ask other family members or close friends to serve instead. However, it’s not unusual for the trustee to become overwhelmed with the responsibility. Not only are there bills to be paid and tax returns needed, but there are also requirements for financial statements that need to...