Lifetime Custody ensures your Will is safe and can be found when you are gone. Corporate Executorship ensures your wishes are carried out professionally without burdening your family.
What are Trustee Services?
Trustee services are professional solutions offered by our partner companies (such as Palladium or Affin Hwang) to assist with the execution and management of an estate. These services typically include:
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Corporate Executor Services: Appointing a professional company to administer the estate instead of an individual.
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Testamentary Trusts: Creating a trust within the Will to manage assets for beneficiaries (e.g., minors or those with special needs).
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Lifetime Custody Services: Secure storage of the physical Will document.
How to Appoint a Corporate Trustee
Follow these steps to subscribe to a service or appoint a corporate executor:
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On the customer profile, scroll down to Add-ons. Click on Trustee Services.
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Review the list of available trustee companies and their service descriptions.
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Select your preferred trustee company (e.g., Palladium or Affin Hwang) and click Save.
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Click Home and return to your client's profile.
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Click Purchase, select which Corporate Trustee Services you need.
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Complete the payment process.
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Once payment is confirmed, the status "Custody Service Appointed" will appear in the Will details.
Important Notes
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Testamentary Trusts: If you purchase a Testamentary Trust service, you must generate a new Will, as the trust clauses need to be formally included in the new Will document.
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Trustee Fees: Fees vary by provider. Please refer to the full Service Fee under "Fees (Reference for Clients)" in the Resources Library for precise figures.
Next Steps After Appointment
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Courier the Will: The Legacy Planner must courier the original, signed Will to the appointed trustee company.
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Track Delivery: You can check the delivery status (e.g., Received or Not Received) directly in the system to ensure safe arrival.
Video Tutorial: