Top 5 Benefits: Naming a Licensed Fiduciary as your Successor Trustee

Top 5 Benefits: Naming a Licensed Fiduciary as your Successor Trustee

Fiduciary

BENEFIT #1: REMOVE THE BURDEN.

Remove the burden from a family member who will most likely be mourning your decline/death.  Lower the stress levels during an already difficult time, by putting these often difficult and tedious tasks into the hands of a 3rd party licensed professional.

BENEFIT #2: EXPERIENCE = EFFICIENCY.

Professional trustees are familiar with the trust administration process and can get things done more efficiently than someone who is trying to do it between raising a family and working a full-time job of their own.

BENEFIT #3: LIMIT POTENTIAL FOR CONFLICT.

Reduce the likelihood of conflict between siblings or blended families with a neutral/3rd party licensed trustee.

BENEFIT #4: LICENSED, BONDED, INSURED, AND LIVESCAN BACKGROUND CHECKED.

Licensed, insured, and bonded… If an error is made that costs your trust thousands of dollars, is your Son or Daughter bonded and/or insured to cover losses? Is your neighbor, or friend from church background Live-scan background checked? A licensed fiduciary is.

BENEFIT #5: AVOID CHOOSING BETWEEN CAPABLE SIBLINGS.

Feel guilty about appointing one child as the Trustee and not another?  Does your Son/Daughter have the time to take on the duties required?  Are they willing to take on this responsibility?  Are they capable of handling this responsibility? A licensed fiduciary is.

 

Fiduciary Services

BONUS BENEFIT: AVOID PROBATE, SAVE MONEY & TIME

When you hire a license fiduciary to be your successor trustee, it requires that you set up or update your living trust.  When you update your living trust, you reduce likelihood of your assets going through probate. Name a licensed fiduciary, then update & review trust often!

Avoid Probate Create Living Trust

 

Comments are closed.

Office Locations:

Exclusive Estate Administration Inc.

Meet with a licensed fiduciary at any of our 20+ Satellite Office Locations throughout San Diego, Orange and Los Angeles Counties.

Schedule a complimentary 60 min. initial consultation at a location nearest you!

Corporate Mailing Address:
P.O. Box 270707
San Diego, CA 92198

San Diego: 855-463-3286
Orange: 855-463-3286
Los Angeles: 310-751-2455

Email: info@eeadmin.com

Interesting Blog Articles

Connect With Us!