Conshohocken, PA -- (SBWire) -- 11/07/2016 --Sterling Trustees is a South Dakota-chartered trust company. The firm provides trust administration services to high-net-worth families as well as foundations and endowments. Their unbiased services are focused on preserving assets for future generations. Sterling Trustees' experienced trust officers manage the trust using one-on-one communication, leading technology and unmatched expertise. This South Dakota-chartered trust company is different from other firms because they only provide trust administration, not investment management. They also handle many different types of trusts, including charitable trusts.
Sterling Trustees administers a wide variety of trusts in order to meet their clients' diverse needs. Some of them include self-settled trusts, asset protection trusts, life insurance trusts, charitable trusts, dynasty trusts, generation-skipping trusts, pre-immigration trusts and more. Sterling can provide these trust administration services on both a delegated or directed basis. Delegated trusts, for example, allow the trustee to delegate the investment management to qualified investment professionals. With directed trusts, responsibilities are spread out among several parties in order to limit trustee risk and ensure both independent investment management and distribution decisions are made.
For example, donors who want some or all of their estate proceeds to go to a charity of their choice may rely on charitable trusts. The several categories and subcategories of charitable trusts include charitable lead trusts, charitable lead annuity trusts, charitable lead unit trusts, charitable remainder trusts and more. One of the benefits of a charitable trust is that it allows the grantor to reduce estate tax or current income taxes with a charitable income tax deduction. Charitable trusts can be created while the donor is living or they can be established via the donor's will at the time of death.
To learn more about charitable trusts and the many other types, contact Sterling Trustees at 605-593-8950.
About Sterling Trustees
Sterling Trustees is a fee-only trust administration firm located in Sioux Falls, South Dakota. By working independently, the firm allows its clients to avoid the extra costs and conflicts of interest associated with large financial institutions. Sterling Trustees' main goal is to keep assets safe while remaining objective.
For more information, please visit http://www.sterlingtrustees.com.
Sterling Trustees Administers Charitable Trusts and More