Long term planning is not easy. What is the life expectancy of a person today…80 or 90 years? Often parents are outliving their children. Will there be enough income or assets to provide for health, maintenance and support, much less entertainment for a lifetime? We can provide for changes in trustees and changes in assets and beneficiaries by amending the trust. But what about changing the advisers, the CPA that has retired, the attorney that is no longer practicing, the insurance agency gets bought out. What happens with the investment return that was 7% drops to 2% or goes negative? What changes need to be made when assisted care goes from $7,000 per month to $10,000 per month in a memory care unit? The trustee must consider these potentials and react to the changing conditions. Long-term planning is really just planning over a long-term, the planning never stops. As members of Professional Fiduciary Association of California, our trustees get at least 15 hours of training annually. But in addition, they have years of experience in this changing world of trustee duties and planning. It is our duty to react and have a group of organizations and advisory available, in addition to the other trustees, to provide a basis for good sound planning and action.