Selecting a Successor Trustee can be a daunting task. When you establish your Revocable Trust, you may serve as the Trustee during your lifetime but you must name a Successor Trustee in the event of death or incapacity. When considering the options; there are three common choices: an individual/family member, an independent fiduciary, or a Corporate Trustee.

Which clients can benefit from trust services?

Members Trust Company specializes in the management of real estate and specialty assets owned by trusts. From real estate and closely-held businesses to vehicles and artwork, we ensure that your unique assets are managed efficiently and productively.

Members Trust Company has been at the forefront of Trusteed IRA solutions, designed to combine the tax benefits of an IRA account with the flexibility and control of a trust. In the past, a named IRA beneficiary could withdraw any and all funds from an IRA without any restrictions, unless a special trust had been drafted to serve as beneficiary of the IRA. Then traditional Trusteed IRAs were invented.

A Revocable Living Trust is a legal document drafted during your lifetime that states how you want your assets managed and distributed upon your death, or in the event of your incapacity. Trusts help avoid probate, conservatorship proceedings, and maintain post-death control of assets.

Primary Difference:

The primary difference between a Revocable Living Trust and an Irrevocable Trust lies in the settlor's ability to modify the terms of the trust. A Revocable Living Trust allows the settlor to make changes as needed during their lifetime, while an Irrevocable Trust does not permit any modifications by the settlor once established.

Members Trust Company works with a claimant’s tax and legal advisors to design the optimal settlement plan. Our experienced trust and investment professionals ask the right questions and partner with experts to conduct a factual analysis—arming a claimant with data necessary to evaluate various options.

A Revocable Living Trust is a legal document drafted during your lifetime that states how you want your assets managed and distributed upon your death, or in the event of your incapacity. Trusts help avoid probate, conservatorship proceedings, and maintain post-death control of assets.

This training is to demonstrate the DDR process that MTC utilizes.

Learn more about the investment practice at Members Trust Company, including our investment team, our approach and how we can help our partners and investing members and clients.

This course will cover the MTC policy manual. Specifically, the BSA, AML, and OFAC regulations.

What is a Revocable Living Trust? A Revocable Living Trust is a legal document drafted during your lifetime that states how you want…

Members Trust Company works with a claimant’s tax and legal advisors to design the optimal settlement plan…

We are a national wealth management firm with the heart of a credit union. Members Trust Company is the nation’s first chartered trust…

Your peace of mind is always on our mind. Special Needs Trust can be created by the parents or guardians of a loved one with special needs.