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Should I consider a corporate trustee?

Although you can be trustee of your own trust, many people select a corporate trustee, especially if they don't have the time, ability or desire to manage their own investments. Corporate trustees are in the business of managing trusts - they are reliable, objective, government regulated, experienced investment managers, and they outlive individual trustees. Fees are very reasonable. In addition to professional asset management, a corporate trustee can pay your bills (rent, utilities, charge cards, etc.) and collect your social security and pension benefits.

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