• Making scheduled distributions and evaluating special requests
• Keeping all beneficiaries informed of trust activity
• Resolving any disputes among beneficiaries
• Communicating with your CPA, attorney and other advisors

https://www.franklintempleton.com

We make major decisions with respect to discretionary distributions without bias. Our approach is grounded in both a professional understanding of trust provisions as well as the personal understanding we gain about you, your family and your family’s intentions.

Our extensive technology and bookkeeping systems ensure meticulous accounting of receipts and disbursements and to provide accurate reporting to beneficiaries and tax authorities.

• Portfolio construction and investment selection
• Balancing the need for income and growth between current and future beneficiaries
• Maintaining liquidity without compromising the portfolio’s long-term growth potential
• Thoughtfully selling assets to raise cash for distributions

We are highly regulated to ensure compliance with all laws, and an internal audit team examines accounts on a regular basis. All these reports are reviewed by our independent board. No such safeguards exist with an individual trustee, such as a family member or friend.

We are always available and devote our full time and attention to the required duties and responsibilities of administering your trust. Unlike an individual trustee, a corporate trustee will not go on vacation, predecease you or otherwise be unable to administer your trust.