05/28/2026
Many people select a corporate trustee as trustee or co-trustee if they don't have the time, ability or desire to manage their own trusts. For example, you and your spouse may be in declining health. You may be a widow or widower who doesn't have much experience managing investments. Maybe you want to do other things with your time now, like travel. Or perhaps you just don't want the worry and headaches of managing your assets anymore.
Corporate trustees are in the business of managing trusts - they are reliable, objective, government regulated, experienced investment managers, and by law must follow the instructions in your trust. Unlike an individual, they won't die, become ill, or move away. They do charge for thier services, but their fees are usually reasonable and are often more than offset by their investment performance.
