Why you may want an Institutional Trustee/Trust Service!

Trusts continue to gain in popularity, both in our office, by the general public, and in their usage and effectiveness in our opinion.

Here in this post is a great summary of Trusts and their various types and uses.

As a reminder, Trusts are not for everyone, they are VERY useful in the correct situation, but in a perfect world, not always necessary…. What follows speaks to those with few other options!

In this preview article of the coming newsletter – (yes we are already working on the Q2 Newsletter) we wanted to dig deeper into the use of and Institutional Trustee or Trust Service.

Why you may need an Institutional Trust Servicephoto-1473186505569-9c61870c11f9

An Institutional Trust Service can be thought of as a formal outside professional entity that will perform the desired services you have requested in your personal Trust.

We cannot be your Trustee or Professional Trust, but the good news is we have a VERY good relationship with a Professional Trust Service that can seamlessly honor your wishes as needed, and allow J.K. Financial to continue to drive the Financial Planning and Investment process.

  • No other comfortable option – Many times a friend/family member is preferred
  • Want an iron clad back up
  • Calming possible family feuds
  • Long lasting legacy desired
  • Desired attention to details such as monthly distributions, bill payments etc.

Are just a few reasons that an Institutional Trust/Trust Service may be just the perfect fit for your Trust!

Have a Great “Perfect Trustee” Day!

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth
Management firm.

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