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Listen "Trust Administration: Understanding the Option of a Corporate Trustee"
Episode Synopsis
Tim Sugar, from Fiduciary Partners, joins Clint & Mitch in the booth to discuss corporate trustees. Many people (naturally) designate a family member as a trustee to administer a trust, not knowing that a corporate trustee was an option. Tim explains when it makes sense to entertain hiring a professional for trust administration and some of the pitfalls that can be avoided from doing so.
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