Choosing Your Trustee

A trustee oversees the assets you place in a trust and administers the trust for the beneficiaries. While you can serve as your own trustee, you may prefer to name a family member or close friend as your trustee. You can also choose a professional trustee, such as a bank or trust company. Many people name a professional as a co-trustee along with a family member or close friend. You will want to decide which traits are important to you.

Which Trustee Is Right for You?
Corporate Trustee
Individual Trustee
Expert financial management
Familiarity with family
Lower costs
Continuity in management
Personal interest in beneficiaries
Flexibility with beneficiaries

Contact Us

If you are considering making Gustavus Adolphus College the primary or contingent beneficiary of a trust, please contact Laurie Dietrich at 507-933-6043 or for assistance. We would be happy to help or provide you with more information.