Advisor Flipbooks

Why Consider Changing Your Existing Trustee? Your Personal Trust account can play an integral role in providing for your family's long-term financial security. You want to make sure that you are receiving prompt and professional service at all times from your current trustee. Ask yourself the following questions: › Has your current trustee merged or been acquired by a larger, less service-oriented provider? › Is your trust officer unresponsive, slow or providing you with inadequate information? › Are your trust investments performing poorly? › Do you have limited investment alternatives from which to choose? › Are your trustee fees excessive and increasing each year? › Are your trust statements delivered late? › Do you frequently find errors in your trust statements? › Do you believe that the individual trustee handling the fiduciary requirements of the trust lacks the necessary legal, tax and investment skills needed to effectively handle the job? If you answered "yes" to any of the above questions, now might be a good time for you to consider transferring your trust relationship to a new trustee. While the terms of your trust may already be defined, the trustee, in most cases, can be changed. This is true for any revocable trust and most irrevocable trusts. Language written into most irrevocable trust documents permits the grantor (trust creator) or beneficiary to change trustees at any time. It is critical for you to choose a trustee who will carry out the terms of the trust, manage its assets effectively, and provide you with the type of personal service you need and expect. Working in partnership with your firm, an SEI Private Trust Company Trust account can offer you a number of advantages, including: › A variety of flexible, high-quality trust investment alternatives › Very competitive trustee fees › A high level of personal service provided by a team of experienced trust professionals. SEI and SEI Private Trust Company are on your side. Managing uncertainty, providing financial security and mapping a future for your family can be a daunting challenge. You need the right tools and the right team to provide the expertise and flexibility necessary to execute your wishes over the long term. Working with your financial advisor and SPTC to implement a personal trust gives you a clear picture of how your legacy can persist to reward future generations. Plus, 11 of the 20 largest U.S. banks use our proprietary trust technology. The same technology will be used to administer your personal trust assets. How SEI can help grow your personal trust assets Historically, we've helped change the way people look at investing, thanks to our pioneering role in applying modern portfolio theory through robust asset allocation models—a process that now is an investment cornerstone. This expertise and our manager-of-managers investment philosophy will be the tools we use to help grow your personal trust assets. Managing the assets of a trust requires a rigorous understanding of tax implications. The relationships inherent in some trust structures, crossing generations and family relationships, can expose assets to tax liabilities that can decimate gains. We have one of the most sophisticated, tax-sensitive investment programs available. 6

• Cover