The Indian Business Owner TIBO Magazine - Volume 002 | Page 11

whose job it is to serve as trustees of a trust . Traditionally , most banks have “ Trust Departments ” that act as trustees for estates . Often , this option is the best choice . It is a solid guarantee that the corporate trustee will follow your wishes to a “ T ,” and in an efficient manner . Hiring a corporate trustee reduces the possibility of family arguments , and eliminates the risk of anyone misusing your hard earned money . Picking your trustee is the most important decision you will make when setting up your trust . Spend some time , evaluate the people you are considering for the job , and talk to them to make sure they are up for the task . You have worked hard for your assets , and it is up to you to choose a trustee who will help to carry on your legacy . Never leave these decisions in the hands of a judge – please do not delay preparing your Living Trust .
9 | TIBO Magazine - Winter 2017
Kern D . Singh , Esq . Singh Law Firm kern @ singhlawfirm . com
Attorney Kern D . Singh is a co-Founding Partner with The Singh Law Firm , PC . Mr . Singh has dedicated his practice exclusively to all aspects of Estate Planning . By doing so , he has become a top California Estate Planning Attorney and an irreplaceable asset to the many individuals , families , and entrepreneurs Singh Law Firm represents .
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