Choosing A Corporate Trustee

Advantages of Choosing a Corporate Trustee Rather than an Individual Trustee

There are many benefits to having Springs Valley Financial Advisory Group serve as your Trustee which include:

• Springs Valley Financial Advisory Group knows the trust business. We will administer accounts including safekeeping of assets, controlling and monitoring discretionary distributions, accounting, bill paying and filing of tax returns. These tasks could be burdensome to individual trustees.
• Springs Valley Financial Advisory Group is experienced in investing in a wide variety of assets and has many investment vehicles available to meet your goals and objectives.
• Springs Valley Financial Advisory Group will act as an unbiased third party when administering trusts. We will follow trust instructions included in the agreement objectively and faithfully. This can avoid conflicts of interest between family members that may arise with individual trustees.
• Springs Valley Financial Advisory Group is subject to banking rules and regulations. Examiners and independent auditors visit our office and review accounts on a regular basis and expect higher standards from corporate trustees than individual trustees.
• Springs Valley Financial Advisory Group is ongoing, offering security that there will not be interruptions for illness, disability, or death.  
• Springs Valley Financial Advisory Group can help minimize family problems that could arise when decisions about mom and dad’s money or much of the responsibilities are left to one or two family members. Leaving one or two members with all the responsibilities may not be fair to them.