Professional Trustee Services


Trustees may have to make tough decisions that might not be popular with all beneficiaries. After all, the trustee is carrying out your instructions, not your beneficiaries' wishes. This can be a difficult role to fulfill for a family member, who may not be objective or may wish to act in a manner that avoids hard feelings within the family, rather than carrying out your instructions. Also, few family members have investment management skills or expertise in fiduciary law and practice. Family members can be given important advisory roles, such as in approving disbursements or other exercises of discretion.

The Benefits of Naming a Professional Trustee Include:

  • Objective loyalty and independence to carry out your wishes
  • Knowledgeable management, protection, and defense of trust assets
  • Experienced oversight of the investment process to be carried out by your financial advisor
  • Timely and accurate statements of the account to keep you and all current benefi ciaries informed
  • Consistent annual reviews
  • Accountable collection and prudent distribution of income and assets
  • Tax reporting, filing, and comprehensive regulatory compliance on behalf of the trust

For more information on trust services offered by The Private Trust Company (an affiliate of LPL Financial) visit: