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Off The Wall


Mar 30, 2022

What is a corporate trustee? And should you be considering one as part of your estate plan?

 

Michelle Diamond and Heather Savage with Cumberland Trust make the case that corporate trustees are worth considering regardless of your net worth—people are fallible, family dynamics are complex, administering a trust is a lot of work, and beneficiaries need education and support to successfully manage trust assets.

 

Through their deep expertise, they give insight into what working with a trust company actually looks like for both grantors and beneficiaries. Be sure to listen to end for their opinion on why working with an independent trust company is better than working with a big bank's trust office.

 

About Cumberland Trust: www.cumberlandtrust.com

 

Learn more about Monument Wealth Management at: www.monumentwealthmanagement.com

 

Important Disclosures: https://monumentwealthmanagement.com/disclosures