is successor trustee same as beneficiary
An irrevocable trust owner typically can't change the trust's terms or end the agreement. A trust's owner may name a beneficiaryâa person who receives income and assets from the trustâas trustee or successor trustee in the agreement.or example, an agreement might allow trustee removal only if all beneficiaries and the trustor agree. Other than age requirementsâtrustees must be at least 18 years of ageâstate laws don't restrict a trustor's trustee choice, so the trustor may name a beneficiary as trustee or alternate trustee.