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    paj227's Avatar
    paj227 Posts: 1, Reputation: 1
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    #1

    Aug 5, 2010, 11:11 AM
    Is it a good idea to have a corporate trustee handle non profit trust funds
    How would a non profit move its trust fund from a board of trustees previously made up of board members shared between the non-profit and the trust board and switch to a corporate trust company to take over management of the trust fund? Is this a wise decision, if suspision of mismanagment by board appointed trustees is present?
    ROLCAM's Avatar
    ROLCAM Posts: 1,420, Reputation: 23
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    #2

    Aug 9, 2010, 05:45 AM

    If suspicion is present,
    This move would be a very wise decision.

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