Conshohocken, PA -- (SBWIRE) -- 04/11/2017 -- Sterling Trustees, a South Dakota trust company that provides trust administration services to high net-worth families, just released an educational video explaining the difference between a trustee and an independent corporate trustee. To see this informative 90-second video, click here. Or visit Sterling Trustees.
Grantors face a variety of different options when establishing a trust and appointing a trustee. They can choose a family member, an institution such as a bank, financial advisor, custodian, accountant, attorney or independent corporate trustee. Sterling Trustees presents the options in the video and explains why appointing an independent corporate trustee is the best option.
Independent corporate trustees don't push a financial product or service, which makes them objective. They preserve wealth through meticulous administration and unparalleled expertise. Sterling Trustees uses one-on-one communication and advanced technology to monitor performance. They conscientiously oversee investment policy statements to make sure the families' assets are invested according to a long-term plan to preserve and grow true assets into the future. Trust administration is all they do, Sterling Trustees trust officers are knowledgeable in legal and tax requirements and work with professionals who are experts in these fields in the best interest of the trust.
A family member may manage a trust without a fee, but they lack legal tax and investment expertise to administer a trust. A bank or investment firm works for what's best for the trust and most profitable for their firm, so who comes first? The independent nature of Sterling Trustees assures objectivity.
To learn more about the benefits of trust management services using an independent corporate trustee, contact Sterling Trustees at 605-593-8950.
About Sterling Trustees
Sterling Trustees is South Dakota-chartered trust company located in Sioux Falls, South Dakota. By working independently, the firm allows its clients to avoid the extra costs and conflicts of interest associated with large financial institutions. Sterling Trustees' main goal is to keep assets safe while remaining objective.
For more information, please visit http://www.sterlingtrustees.com.