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one of the most important choices made when creating an estate plan is selecting a trustee to succeed you in managing your affairs when you pass away whether you have appointed a success or trustee or been appointed as a successful trustee you may wonder if its set in stone or can a trustee resign at a later time im daniel hunt certified specialist in estate planning trust in probate law and in this video im going to explain what a trustee is and how they can resign first lets talk about what a trustee is in estate planning a trustee is a person who holds or administers property or assets for the benefit of trust beneficiaries when you create a revocable living trust you are both the grantor also known as the settler and the trustee once the trust creator dies the person or people named in your trust as successor trustees will take over that role is a trustee who is named in a trust required to act in this role no theyre not if a trustee is unable or unwilling to serve as the trus