Recently, Michelle Diamond, our Chief Development Officer, and Heather Savage, Senior Vice President and Business Development Officer, joined Monument Wealth’s Off The Wall podcast to discuss common estate planning scenarios and address misconceptions about corporate trustees.
What is a corporate trustee? And should you be considering one as part of your estate plan?
Michelle Diamond and Heather Savage with Cumberland Trust make the case that corporate trustees are worth considering regardless of your net worth—people are fallible, family dynamics are complex, administering a trust is a lot of work, and beneficiaries need education and support to successfully manage trust assets.
Through their deep expertise, they give insight into what working with a trust company actually looks like for both grantors and beneficiaries. Be sure to listen to the end for their opinion on the advantages of working with an independent trust company.
Learn more about Monument Wealth Management by visiting www.monumentwealthmanagement.com.