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Why use a corporate trustee?

April 26, 2017corporate Trustee

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Why use a corporate trustee?

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Unlike an individual trustee, a corporate trustee has expertise in the administration of complex tax, legal and accounting requirements. We are not subject to death or incapacity as an individual trustee is. Additionally, we carry liability insurance, utilize specialized trust accounting software and we are audited by state and federal regulators — unlike an individual trustee.