Sterling Trustees

Contributor

The best way to handle a conflict of interest is to avoid it entirely. Our philosophy is simple: we’re here to keep your assets safe and to administer your trust according to the stipulations of the grantor. And our independence from outside influences and profit motives, from commissions, drives our objectivity. When working with grantors and beneficiaries, we are completely neutral and independent in every aspect of what we do for you. You benefit with the peace of mind, knowing that the administration of your trust is done with exceptional reverence to doing what is right for both the grantor and beneficiaries.

Sterling Trustees: Types Of Trusts Explained

Before going into specific types of trusts, it is important to understand two commonly used trust administration methods and their fiduciary risks. Below we examine delegated trusts, also known as discretionary trusts, and directed trusts.

Trusts 101 For Advisors: What Is A Trust And How Do Trusts Work?

Many advisors might not be aware that if a client's assets are in a trust, the odds of holding that account into the next generation rise to 80%.