The Big 3 When Naming a Trustee
To ensure your legacy, you’ll want your trustee to provide three essential values: neutrality, expertise, and continuity. Neutrality is needed to provide strict conformance with the trust’s objectives, expertise is necessary to ensure the assets are managed and distributed with prudence and care, and continuity is needed to ensure uninterrupted performance.
This is why family offices overwhelmingly seek the services of a third-party trustee. This not only provides these three most important values but also avoids the potential for disharmony and compliance failures that can arise when friends or family members take on the role of trustee.
You took care when you established your trust. If you’d like to discuss what a third-party trustee can offer you, please make an appointment using this link. Our goal is to help you reach your goals. There is no cost or obligation for this service.
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Disclosure: This document and its contents are provided for informational and organizational purposes only and are not intended to serve as legal, tax, or financial advice. Financial Gravity Family Office Services, LLC (FGFOS), Financial Gravity Legacy Services, LLC, and their affiliates do not provide legal or tax advice. Clients should consult with their own qualified legal, tax, and financial professionals before establishing, modifying, or relying on any trust or estate plan.
Any trust structuring, document preparation, or related legal services are coordinated through independent third-party professionals. Financial Gravity does not draft trust documents and does not assume responsibility for legal services provided by external providers. This document is intended to assist in the onboarding and discovery process and should not be interpreted as a recommendation for any specific estate planning strategy. This service is offered through and organized by Financial Gravity Legacy Services, LLC, a vendor to FGFOS.