Creating Great Beneficiaries Requires a Robust Distribution Process

Becoming a great beneficiary starts with having a great trustee. If a trustee devotes the majority of his or her time to administrative matters and managing investments, the wealth distribution process often gets the least attention when it ideally deserves the most. To some trustees, the distribution process may simply seem like a meeting with a beneficiary’s banker. By building a robust distribution process, however, a beneficiary can become better equipped and empowered to live well with wealth.