Hidden Risks Using Directed and Delegated Trusts Facing the Modern Trust Company

EXECUTIVE SUMMARY 

In this report, you’re going to: 

• Learn from trust companies whose business was significantly impacted because every statement going out to their clients was incorrect 
  
• See why misreporting—that isn’t your fault—opens you and your trust company up to substantial liability 
  
• Discover why the biggest risk may be reputational damage, which could prevent new business acquisition and ultimately sink your company 
  
• And, ultimately, you will learn how to sidestep this highly risky issue (and, if needed, outsource your back-office operations efficiently)— so you can focus on better serving your clients and new business growth.