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Pros and Cons of using Corporate Trustees and Executors

Handling administrations of estates is one of the duties of Executors and Trustees of the last will and Trusts. The normal practice is to use your family members and friends to look after probate administration and trust settlements. However, using them may not always be feasible, and you may need to hire an executor, trustee, or guardian from a corporate trust company. There are pros and cons you should know before making decisions about employing a corporate trustee.

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