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 matters even more once a trust becomes irrevocable.

Finally, we explain Trust Protectors—what they do, why they can be a critical safeguard, and how they may help your beneficiaries replace a trustee later if service, philosophy, or circumstances change.

For educational purposes only. This discussion is general in nature and not individualized legal, tax, or investment advice—talk with your estate attorney and tax professional to apply these concepts to your situation.

Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts, CIO, w Senior Investment Advisor, Jonathan Penn, CFP

Produced by Brent Clanton, Executive Producer

0:00 - INTRO

0:19 - Bifurcated Markets - Over Sold, Over Bought

3:09 - Markets Challenge 100-DMA

7:57 - The Danger in Overlooking the Importance of Trusts

11:21 - Don't Scrimp on Speedo's or Estate Plans

14:24 - Where There's a Will...

17:51 - Medical, Durable Powers of Attorney

20:26 - The Parties to a Trust

23:45 - Setting Up the Trust

29:34 - Wills vs Beneficiary Directions

32:00 - Who Do You Designate as Trustee?

36:27 - Choosing the Right Corporate Trustee

39:20 - Estate Taxes & Exemptions

40:55 - Passing Assets to Children Who Marry & Divorce

43:51 - Legal Zoom & On Line Platforms

46:15 - Trust Protectors

47:39 - The Cost of Setting Up a Trust

52:54 - What is Required to Change a Trust Company?

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Articles Mentioned in Today's Show:

"Seasonality: Buy Signal And Investing Outcomes"

https://realinvestmentadvice.com/resources/blog/seasonality-buy-signal-and-investing-outcomes/

"Technology Stocks: Dead Or An Opportunity?"

https://realinvestmentadvice.com/resources/blog/technology-stocks-dead-or-an-opportunity/

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Watch our previous show, "Margin Debt & the One-Stock Myth," here:

https://youtube.com/live/MU8qVbSiqxY?feature=share

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The latest installment of our new feature, Before the Bell, "100-DMA Test - Momentum Fades, Rotation Shifts," is here:

https://youtu.be/Qkkl5m8hY7w

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