Why Many People Dismiss Using a Corporate Trustee
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 Published On Feb 16, 2024

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00:00 A Look at Corporate Trustee Compensation
0:16 Sample $3 Million Trust
0:50 The Trustee Selection
1:23 The Individual Trustee Option
2:21 The Corporate Trustee Option
4:11 Trust Expenses When Individual Trustee Hires Financial Advisor
5:41 Make an Informed Decision
6:19 Individual Trustees May Have Better Relationships With Beneficiaries
6:46 Corporate Trustees Can Be Better at Administrative Functions
6:58 Too Many People Too Quickly Dismiss Corporate Trustee Because They Charge Fees
7:30 Corporate Trustees Generally Only Handle Larger Trusts

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