Here are the printed costs for Vanguard: When we created our trust 25+ yrs ago, the lawyer strongly recommended ending our list of 6 relatives who would be successor trustee to each other with a trust company. by FIREchief » Fri Apr 21, 2017 8:12 pm, Return to “Personal Finance (Not Investing)”, Powered by phpBB® Forum Software © phpBB Limited, Non-investing personal finance issues including insurance, credit, real estate, taxes, employment and legal issues such as trusts and wills. I don't know of any other trust company that will promise that now. Your investments continue to earn income until the check is presented for payment. by MikeG62 » Wed Apr 19, 2017 3:05 pm, Post Vanguard. We appreciate the opportunity to share how our corporate trustee service can help your trust beneficiaries achieve investment success now—and for generations to come. thanks! The trustees' duties include investments (including hiring someone to do the investments), deciding on discretionary distributions (where the Will agreement gives the trustees discretion, as would probably be the case here), and recordkeeping (including preparing or hiring someone to prepare the income tax returns). This includes asset allocation, tax-efficient investing, and personal investment coaching during scary times in the market. Does anyone have experience with Vanguard Trust Services? Lt. Columbo: Well, what do you know. I am quite interested in doing this for my daughter, so reading these comments about Vanguard's trust services is helpful. On November 20, 2018 December 27, 2020 By illustrator578 I am a long time fan of Vanguard Group investing and Mr. Jack Bogle (pioneer of low cost index fund investing! by rigoodma » Fri Apr 21, 2017 4:12 pm, Post I was once the 8th most prolific poster on the forum and still rank in the top 20 despite putting 99% of my online efforts over the last decade here at The White Coat Investor. It is a conflict-free community where individual investors reach out and provide education, assistance, and relevant information to other investors of all experience levels at no cost. The Bogleheads began 40 years ago when the Vanguard Group was formed on Sept. 24, 1974. The Bogleheads follow the investing principles espoused by John C. "Jack" Bogle, the founder and former chairman of The Vanguard Group (thus … Ridiculed as \"un-American\" and \"a sure path to mediocrity,\" the fund collected a mere $11 million during its initial underwriting. Thanks for any help. If you permit someone to change the trust, then you have no longer locked in the trustee, but also no longer have any assurance that the trust will be invested as you would want. ** Run around from office to office as they tried to figure out whether they did trust management at all!! Depending on time frames and other factors, they might also invest in tax efficient options, like muni bonds, etc. Using Vanguard Personal Advisor Services for financial advisor for a Trust Anyone have experience or know if you can use Vanguard Personal Advisor Services for an irrevocable trust account? As part of our continuing commitment to serving the needs of defined benefit pension investors, Vanguard is excited to announce the launch of Vanguard Long-Term Investment-Grade Collective Investment Trust, a flexible, transparent, low-cost option for pension plan sponsors to consider for use in liability-driven or other pension investment strategy. I have not had much luck discussing details with the WF portfolio manager. I just want contribute a quick .02 on the subject of Vanguard Trust services on a couple of things I have not yet seen mentioned in this thread. If, in the future, there is something better than low cost passively managed index based funds, and your trust forbids investing in them, what does your trustee do? by asset_chaos » Thu Mar 27, 2008 8:54 pm, Post The checkwriting service is available on select Vanguard mutual fund and brokerage accounts. Because all new accounts at Vanguard must be a brokerage account now, we couldn’t stay on the simpler mutual-funds-only platform any more. It is a conflict-free community where individual investors reach out and provide education, assistance, and relevant information to other investors of all experience levels at no cost. by MikeG62 » Tue Apr 18, 2017 7:27 am, Post No matter how simple or complex, you can ask it here. by PatrickS » Fri Mar 28, 2008 8:42 am, Post A well intentioned condition may have opposite effect in the future as trustees and beneficiaries expend time and money to either litigate, modify, and/or circumvent the effects of such restrictive language. I come at this from the point of view as someone who two months ago moved a trust into Vanguard and is a current client/beneficiary. by FIREchief » Wed Apr 19, 2017 1:56 am, Post I think part of it is that, up till very recently, the BH philosophy has been counter to the mainstream so many on the board have adopted an "BH vs. the world" mentality to the point that they attempt to reach out from beyond the grave. I am on hold for 1Hr and 7 mins. Does anyone have experience with Vanguard Trust Services? Reply. best. You can receive the proceeds of a life insurance policy in cash. They mentioned that their 4 buckets of investments are total stock, total bond, total international stock, and total international bond. by bsteiner » Wed May 08, 2013 8:13 am, Post We’re trying to figure out who should be trustee for money our children would inherit if we are gone. If you put anything in the trust that would limit these, then they won't be trustee. The services provided to clients who elect to receive ongoing advice will vary based upon the amount of assets in a portfolio. He said "All the relatives could die or move away (they were siblings and parents) while the trust company would always be there.". Owners of bitcoin addresses are not explicitly identified, but all transactions on the blockchain are public. by FIREchief » Wed Apr 19, 2017 5:34 pm, Post The Bogleheads are a group of like-minded individual investors who follow the general investment and business beliefs of John C. Bogle, founder and former CEO of the Vanguard Group. "Yes, you do, I have a URL where you describe it" When I did get someone who at least claimed to work in the trust department, she said that although Fidelity has index funds, they absolutely would not invest trust assets in them. I did not pursue it far enough to learn the fees. Bogleheads are die-hard fans of Jack Bogle and index fund investing in general - Jack Bogle founded Vanguard, is the father of index funds and an all-around inspiration for people who want to engage in passive investments (generally stocks and bonds) … "The Bogleheads' Guide to Retirement Planning" stays true to the investing principles pioneered by Vanguard-founder Jack Bogle. The company's first fund, the First Index Investment Trust, now called the Vanguard 500 Index Fund - Get Report - Get Report - Get Report, was incorporated on Dec. 31, 1975. I am cotrustee with vanguard for a trust for my child. ETFs are subject to market volatility. by afan » Tue Apr 18, 2017 4:51 pm, Post I think I get where you are coming from. by afan » Tue Apr 18, 2017 4:48 pm, Post by brainstem » Tue May 07, 2013 8:45 pm, Post You can also learn who should invest in this mutual fund. It would be high cost active funds only. by mrpotatoheadsays » Wed May 08, 2013 12:05 am, Post If they would take your business at all, the fees would be enormous. footnote * Vanguard Brokerage Services doesn't charge the fee to: 1) clients with at least $50,000 in qualifying Vanguard assets; 2) clients who hold at least $10,000 in Vanguard funds and ETFs; or 3) clients who have elected e-delivery of statements, our annual privacy policy notice, and brokerage and mutual fund confirmations, reports, prospectuses, and proxy materials. I am firmly convinced that if a trust is not written accordingly, any future corporate trustee will invest in a manner that will maximize their profits through elevated expenses. INTERESTED IN EXCHANGE-TRADED FUNDS? We could use my brother and BIL as co-trustees. by afan » Tue Apr 18, 2017 11:31 am, Post It is a conflict-free community where individual investors reach out and provide education, assistance, and relevant information to other investors of all experience levels at no cost. The Company offers low-cost mutual funds, ETF's, investment consulting, and related services. Advice services are provided by Vanguard Advisers, Inc., a registered investment advisor, or by Vanguard National Trust Company, a federally chartered, limited‐purpose trust company. Th… I migrated my spouse’s portfolio to Vanguard and considered using its advisor service … The Bogleheads are a group of like-minded individual investors who follow the general investment and business beliefs of John C. Bogle, founder and former CEO of the Vanguard Group. report. Vanguard ETF Shares are not redeemable directly with the issuing fund other than in very large aggregations worth millions of dollars. Their fees are almost as much as his portfolio produces annually. Because all new accounts at Vanguard must be a brokerage account now, we couldn’t stay on the simpler mutual-funds-only platform any more. by Small Law Survivor » Fri Apr 08, 2016 11:14 am, Post Any advice or suggestions that I may provide shall be considered for entertainment purposes only. by rigoodma » Mon Apr 17, 2017 3:29 pm, Post by afan » Fri Apr 08, 2016 11:54 am, Post The Bogleheads® emphasize starting early, living below one's means, regular saving, broad diversification, simplicity, and sticking to one's investment plan regardless of market conditions. Don’t want them getting everything at 18 & 20 years of age. The application was done by filling out a PDF form online through DocuSign. The typical boglehead reaction is based on the behavior of people who use these to speculate. Advice services are provided by Vanguard Advisers, Inc., a registered investment advisor, or by Vanguard National Trust Company, a federally chartered, limited-purpose trust company. FYI if you are trying to talk to someone in their Trust Department, don't hold your breath, I've called them multiple times and every time it says they are busy on the other line and to leave a message and someone will call within 2 days. A great variety of products and very cheap on fees, especially the passive funds. by lhl12 » Mon Jun 03, 2013 5:54 am, Post I come at this from the point of view as someone who two months ago moved a trust into Vanguard and is a current client/beneficiary. Advice services are provided by Vanguard Advisers, Inc., a registered investment advisor, or by Vanguard National Trust Company, a federally chartered, limited-purpose trust company. We left that to the guardians. We too have been looking at possible successor trustees for our revocable trust. Vanguard Personal Advisor Services is an investment management service offered by Vanguard. It is a conflict-free community where individual investors reach out and provide education, assistance, and relevant information to other investors of all experience levels at no cost. Share. Sincerely, Vanguard National Trust Company. … The fees are less, since they are not managing the investments, but you need someone to manage the investments, since you will be dead. by stjoe56 » Wed May 08, 2013 10:31 am, Post by FIREchief » Wed Apr 19, 2017 7:51 pm, Post by afan » Wed Apr 19, 2017 3:57 pm, Post by rigoodma » Wed Apr 19, 2017 9:11 am, Post It seems to be quite common for asset protection trusts. Looking forward to grow old with Vanguard. --Fama. I remember a thread on this and paraphrasing bsteiner, he said, do you want the low cost investing approach? 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