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Robin Lloyd & Associates, P.A.Robin Lloyd & Associates, P.A.
Robin Lloyd & Associates, P.A.Robin Lloyd & Associates, P.A.
  • Our Firm
  • Areas of Practice
    • Estate Planning
    • Probate & Trust Administration
    • Private Client Services
    • Corporate & Business Administration
    • Real Estate Services
  • Attorneys & Paralegals
    • Robin A. Lloyd, Sr., J.D.
    • Emily Helmick, Esq.
    • Brenda Lloyd, CP, FRP
    • Tiffany Coleman
  • News
  • Community
  • Contact

Choosing a Trustee by Robin A. Lloyd, Sr., Esq.

Choosing a Trustee by Robin A. Lloyd, Sr., Esq.

August 14, 2018 Posted by RLA News and Press

Many times when I ask a client who they want as their Trustee they think for a moment and simply say their oldest child. Sometimes they mention the child who they feel is most dependable.

Our children usually have their own families to manage or are deeply involved in their careers. Other problems might arise with sibling rivalries or simply jealousy. It is better for a professional to run the Trust in these instances. A corporate Trustee is accustomed to looking ahead at your future needs, investing towards those goals and managing requests for money from successor beneficiaries.

You may start by checking with your local bank and see what they offer.

#TuesdayTip

Tags: articlesAttorneysbeneficiariesBusinessestateestate planningestate taxestate tax repealFloridaGiftsIndian RiverLawLawyerslegalnet investment taxprobaterevocable trustRobin Lloyd & Associatestax lawtax ratestax reformTuesday TipsWealth Management
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Robin Lloyd & Associates, P.A. is an established firm handling the legal needs of Vero Beach since July of 1990. Robin A. Lloyd, Sr., a Vietnam War veteran, founded the Firm after practicing as a Partner in the Vero Beach office of a 55-laywer firm headquartered in West Palm Beach since 1974. The Firm represents many Clients, including high wealth individuals, and focuses on several different areas of law including, but not limited to: Estate Planning, Probate, Guardianship, Trust Administration, Real Estate, all areas of Taxation, and Business Law.

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