Want to create an interactive transcript for this episode?
Podcast: The Real Investment Show (Full Show)
Episode: 2-17-26 Bank, Brokerage, or Corporate Trustee
Description: Choosing a corporate trustee is one of the most important decisions in estate planning—especially if you’re naming a bank, brokerage trust department, or independent trust company to manage assets and carry out your wishes after you’re gone. Lance Roberts & Jon Penn break down how to compare corporate trustees beyond just “lowest fees,” including fiduciary standards, investment flexibility, service model, administrative capabilities, distribution discipline, technology/reporting, continuity, and how they handle family dynamics.
We also cover the key differences between revocable and irrevocable trusts, including where each is typically used, how control and flexibility change, and why trustee selection...