Professional Trustees: An Ask the Expert Podcast

Families often assign a trusted family member or friend to serve as their trustee to take on the role of settling their estate and distributing trust assets. But there are times when families may want to seek professional support beyond friends and family—whether due to complexities of the trust, a need for a neutral third party, long-term administration needs, or other circumstance. Enter the professional trustee. In this “Ask the Expert” podcast, Coldstream Wealth Manager and host Rachel McCracken, CFA^®, MBA, turns to the WE Trust Company to talk about what a professional trustee does and when and why a family might consider engaging a professional trustee.

Amy Egtvet, CTFA, CEO and Co-Founder of WE Trust Company, and Carvell Taylor, CTFA, Director of Trusts, join Rachel to share their insights and experience. Both have more than 20 years of experience in estate and trust administration and have helped many clients safeguard their legacies for future generations. They offer candid observations and thoughts about best practices for ensuring that someone’s wishes are carried out properly, with both discipline and empathy.

In this 35-minute conversation, they discuss:

• The demand for professional trust services and when trust services may make sense for a family
• What a professional trustee does
• How to select a trustee that is a good fit for your situation
• What does successful trust administration look like in different types of circumstances

Watch or listen to the videocast below.

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This podcast is for informational purposes only and does not constitute investment advice. References to third-party firms are based on self-reported information and are not verified by Coldstream.