When you’re busy with your career and family and you’ve accumulated a fair amount of assets, you may find that it’s increasingly challenging to deal with investing and estate planning. If so, you might consider working with a trust company.
This type of company can help you in a variety of ways. First, it can provide investment management designed to help you achieve your important goals. Depending on the company, you might work with a financial advisor and a portfolio manager.
A trust company can also perform several key tasks related to the administration of your trust. If you want the company itself to act as a trustee for a trust you’ve established, it can handle bookkeeping and financial issues. And when it’s time to settle your estate, the company will disburse assets, pay off debts and complete needed forms.
And here’s a more intangible benefit: A trust company, as a neutral third party, can help your family avoid disputes over inheritances.
You could find that a trust company can make your life easier. Give it some thought.
This content was provided by Edward Jones for use by Daniel Pellerin, your Edward Jones financial advisor at 189 East Main Street Suite G, in Newport, (802) 334-6261.