Working with a trustee to administer a trust and preserve family wealth should be a streamlined process; however, that’s not always the case. From large, impersonal corporate banks to an inexperienced individual, the wrong trustee can make trust administration...
When and Why to Change Trustees: A Guide for Financial Advisors Choosing the right trustee is a crucial decision that can impact the success of one’s trust administration. When drafting trusts and estate planning documents, grantors have the choice of an individual...
The Role of Financial Advisors in Trust Planning: Key Conversations With Clients Financial advisors are finding that taking a holistic approach, which includes partnering with a client’s team of legal, financial, and trust advisors, contributes to more effective...
Estate Planning Success: How to Keep Clients Engaged Estate planning is a crucial step for high-net-worth individuals and their families to ensure their wealth is protected and distributed according to their wishes. However, the complexity and emotional weight of...
The Great Wealth Transfer: A Window of Opportunity There’s a major shift happening in the world of wealth. The Great Wealth Transfer will soon put wives, mothers, sisters, and daughters in control of more resources than ever before. By 2030,...
The Complexities of Estate Planning Estate planning and trust administration can be complex and challenging, especially when considering the assets of high-net-worth clients. There are so many things to consider when addressing your client’s unique needs and...
