Trust Officer at Bank of Oklahoma Private Wealth serving clients and beneficiaries
"The advantage in selecting a corporate trustee as sole trustee is that the corporate trustee doesn’t steal from the trust or gamble the trust assets away. Although this only rarely happens, if an employee of the corporate trustee embezzles or does something else that is illegal, there are much easier remedies for the beneficiaries since the corporate trustee is licensed and bonded and has insurance." https://lnkd.in/g33edz4m #trustee #estateplanning #cpa
