Conshohocken, PA -- (SBWIRE) -- 01/13/2016 -- There is no better time than the start of the new year to get one's affairs in order so that peace of mind prevails for the rest of the year. For many high net-worth individuals, this task includes arranging a trust to administer their assets to beneficiaries after they are gone.
Choosing a trustee to administer one's assets can be a task fraught with complexities, as individuals should ideally select a trustee that will balance grantor intentions with the needs of trust beneficiaries. Sterling Trustees, a trust administration firm based in South Dakota, can provide objective, fixed-fee trust asset distribution plans free of conflict or personal entanglements.
The South Dakota-based company offers privately held, independent trust management services to high net-worth families, foundations and endowments. Sterling Trustees is unique and advantageous for its clients in that it only offers asset administration and does not play the role of investment advisor. This ensures that the establishment of a trust is done only with fairness and objectivity, and remains separate from the company's personal gain. They focus solely on protecting assets and ensuring their growth for future generations. In addition, Sterling Trustees charges a fixed fee based on standardized factors like size, asset types and the complexity of a trust.
Additionally, Sterling Trustee's location in South Dakota provides several advantages to clients in the form of advanced trust laws. The industry is strictly regulated in the state, ensuring protection for beneficiaries, more control for clients and protection from creditors. It is not a requirement that trust documents be made public record, which ensures an increased level of privacy. Clients also enjoy greater tax savings with Sterling Trustees; South Dakota collects neither corporate income tax nor state income tax, and does not tax capital gains, intangibles, dividends or interest.
Learn more about the firm's trust administration services at http://www.sterlingtrustees.com.
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.