When you are busy with your career and your family and have accumulated a good amount of assets, you may find it increasingly difficult to manage investments and estate planning. If so, you might want to consider working with a trust company.
This type of business can help you in a number 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 business itself to act as a trustee of a trust you have established, it can handle the accounting and financial issues. And when it’s time to settle your estate, the business will pay off the assets, pay off the debts, and fill out the necessary forms.
And here’s a more intangible benefit: A trust company, as a neutral third party, can help your family avoid inheritance disputes.
You might find that a trust company can make your life easier. Think about it.
This article was written by Edward Jones for your local Edward Jones financial advisor.
Edward Jones Trust Company and Edward Jones, and their employees and financial advisers, are not estate planners and cannot provide tax or legal advice. You should consult your estate planning lawyer or qualified tax advisor about your situation.
Edward Jones, member of the SIPC.
Edward Jones’ local financial advisers include Vicky Kirby (256-845-2610), Matt Guice (256-844-6726) and John T. Davis (256-845-4560).