Choosing A Trustee: Individual Trustee vs. Bank or Corporate Trustee
paestateplanners.com
Choosing A Trustee: Individual Trustee vs. Bank or Corporate Trustee
The trustee of a trust is a very important job. They manage assets and make many decisions regarding the trust. Who is the right trustee for you? Here are some advantages and disadvantages of individual trustees verse corporate trustees (such as a bank or trust company) so you can pick the best trustee for your trust.
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Watch Ken Raiss explain how a Testamentary Trust is a critical estate planning document. A testamentary discretionary trust is a type of trust created under a will, comes into existence only upon the administration of the deceased estate and has four elements: the trustee(s), the assets, the beneficiaries and the discretion. Watch as Michael Yardney poses some questions to Ken. | Michael Yardney
6:04
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