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Why choose a corporate trustee?

The trustee you choose has significant responsibilities for the financial affairs of both current and future beneficiaries. Not only is the trustee responsible for managing the trust assets according to your desires specified in your trust agreement, but the trustee must also be comfortable evaluating requests for distributions. A trustee who is inexperienced or too involved in the situation may not always be the best choice. While there may be a strong rationale for choosing a relative to be a trustee, an independent corporate trustee may be the wiser decision. Trusts can be valuable instruments to provide continuity of wealth management and preservation across generations. 

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