How to Choose a Corporate Trustee

Whether a trust is designed to guard against tax exposure, protect assets from a beneficiary’s spending habits or creditors, or safeguard an individual’s eligibility for public benefits, selecting a trustee is a critical decision. A trustee is responsible for opening the trust account or accounts, managing the assets or finding a qualified organization to do so, filing income tax returns, and distributing assets according to the instructions contained in the trust…

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