|
|
|
|
    |
|
Corporate Trust Committees WITH OTHER CORPORATE TRUSTEES, THE TRUST COMMITTEE MEANS MAKES ALL DECISIONS, AND THAT MEANS DELAY AND LACK OF SERVICE TO YOU. At Providence First, you get decisions by a personal trustee, not a trust committee. Why that is important to you requires understanding how most other corporate trustees function. Their model is: meet with a person who takes the facts, and then that person presents them to the trust committee. The trust committee then takes time to deliberate, and eventually relays a yes or no decision to the person that met with you, or worse, with someone new, who then relays the message on to you. Committees are not the way you would handle your personal estate and expenditures if you were in charge. We will not make you adapt to that type of administration when you work with Providence First. We give advice and make decisions with you and one assigned principal, not with a distant trust committee that delays your decisions and requests. When you or your beneficiaries meet to discuss the trust, you will not speak to someone who simply relays your requests or questions to the trust committee and always requires authorization from the committee to do anything. We turn around the normal model of trust departments, and instead of having the principal decision maker be someone who indirectly tells you what may be done, you meet face to face with the decision maker for the trust. If a payment is to be made, the check is signed in the meeting with you, the authorization and approvals are signed by you in the meeting, and the administration is complete. This means no unnecessary delays, no indecision, and no waiting for a "check that is in the mail." |
|
|
©
1999-2004 Providence First Trust Company. All rights
reserved. 4900 N. 44th Street, P.O. Box 15890, Phoenix, Arizona 85060
|
