Planned Giving: Bequests and Charitable Gift Planning - University of Wisconsin-Eau Claire

Choosing Your Trustee

A trustee oversees the assets you place in a trust and administers the trust for the beneficiaries. Your trustee will:

Make trust payments to you
Invest the assets prudently
Complete the necessary tax returns
Notify you how much of your payments are taxable.

Quick Tip
The most important qualities of a trustee are integrity and judgment.

You may decide to serve as your own trustee or name a professional advisor 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. You will want to decide which traits are important to you.

Which Trustee Is Right for You?
	Corporate Trustee	Personal Trustee
Expert professional management of trust assets	●
More personal attention		●
Experience	●
Lower costs		●
Continuity in management	●
Quickness in taking action		●

Contact Us
If you are considering supporting University of Wisconsin-Eau Claire Foundation, Inc. through a charitable remainder trust, please contact John DeLestry at 715-836-3819 or delestjr@uwec.edu for assistance. We would be happy to help or provide you with more information.

The information on this website is not intended as legal or tax advice. For legal or tax advice, please consult an attorney. Figures cited in examples are for hypothetical purposes only and are subject to change. References to estate and income taxes apply to federal taxes only. State income/estate taxes or state law may impact your results.