Is it a problem to appoint someone who is filing for bankruptcy as a trustee to your investment account?
I am in the process of inheriting a large sum of money from my father, and I plan to establish a large investment account. My same sex domestic partner is in the process of filing for bankruptcy. He used his personal credit to finance a business that never took off. I would like to appoint him as the trustee of my investment account, but I am worried that might put my assets at risk or somehow make the bankruptcy process more difficult for him. I will seek professional advice, but I was just curious if anyone had knowledge or opinions about this topic.
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