Establishing a trust can be beneficial for anyone who would like to ensure that their assets are distributed in a specific way to someone or an organization in case of an unexpected life event or transition.  Anyone who has specific estate planning goals including charitable giving, tax reduction or ensuring your assets are protected for future generations will benefit from forming and funding a trust.

A trust reduces the time it takes for beneficiaries to receive their distributions, helps minimize taxes, ensures more privacy upon death, and improves the process of transferring money. It also allows a grantor to provide specific instructions on when and how assets should be distributed.

A corporate trustee is a non-partial and experienced professional with the resources to fulfill the requirements of your intentions and the respective state’s probate and estate laws efficiently and effectively.   For nearly every complex and multi-generational trust, a corporate trustee is the best choice to protect individuals from potential conflicts of interest while serving as trustee and helps maintain harmony among family members.

Whether you select an individual or corporate trustee, look for experience in managing different types of trusts and assets with specialized knowledge of trust management and administration.  Being able to serve effectively as an objective third party is invaluable.