Wealth Strategy Insights

Calamos Private Trust: Case for Appointing a Corporate Co-Trustee

30 July 2019

Your decision to accept or decline the appointment of trustee will be based on many factors. Regardless of your initial inclination, given the fiduciary responsibility imposed on the trustee, it will be helpful to discuss the role with various advisors and legal professionals working on the trust. The selection of who is going to manage the trust and the advantages of involving a corporate trustee should be explored at the outset. Our Head of Wealth Strategy and Trust Services, Nancy Anderson, JD provides some arrangements prospective trustees and grantors could consider when assigning a trustee in the following topic paper.

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