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    <title>Sterling Trustees - Latest Press Releases on ReleaseWire</title>
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      <title>Sterling Trustees Launches Online Trust Tax Calculator</title>
      <link>http://www.releasewire.com/press-releases/release-3.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p>Sioux Falls, SD -- (<a rel="nofollow" href="http://www.sbwire.com/">SBWIRE</a>) -- 06/12/2020 --  Today&apos;s wealthy families put an incredible amount of faith in their advisors, so it&apos;s critical that these professionals make the right decision about where to domicile a client&apos;s trust. Sterling Trustees, a <a class="extlink"  target="_blank"  rel="nofollow noopener" title="South Dakota-chartered trust company" href="https://sterlingtrustees.com/benefits-south-dakota-trusts/">South Dakota-chartered trust company</a>, encourages advisors to consider the Mount Rushmore state, boasting some of the nation&apos;s most progressive trust laws. <br />
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One leading advantage of South Dakota trusts is that the state has no income tax or capital gains tax for trusts. Families can save millions of dollars over the term of their trusts, while allowing these significant tax savings to compound. Best of all, clients do not have to reside in South Dakota to take advantage of this exceptional tax-free growth. <br />
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Sterling Trustees has designed a helpful online calculator that quickly and clearly shows the potential tax savings of situsing a trust in South Dakota versus a family&apos;s home state. Here&apos;s an illustration of the online calculator in action: <br />
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An attorney or other advisor inputs a $10 million trust with a remaining term of 30 years and a 6% future return rate. Seventy percent of the trust assets are invested in stocks and the remaining 30% in bonds. <br />
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Next, the advisor compares the tax consequences in various states to see the superior benefits of a South Dakota trust. In California, for example, after 30 years the $10 million trust would grow to approximately $30 million in assets after tax. In New York, $32 million; Illinois, $34 million. Meanwhile in South Dakota – where the trust grows state-tax free – the value soars to over $37 million. <br />
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Sterling Trustees encourages advisors and clients to try this comparison exercise themselves with the convenient <a class="extlink"  target="_blank"  rel="nofollow noopener" title="online tax calculator" href="https://sterlingtrustees.com/tax-saving-calculator">online tax calculator</a>. The user simply enters a few basic parameters, including trust size, remaining term of the trust and expected future rate of return. And the savings are immediately apparent.   <br />
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For anyone who wants to save state income tax and capital gains tax on trusts, Sterling Trustees strongly recommends establishing or relocating trusts to South Dakota. Furthermore, they urge advisors and families to partner with an unbiased, South Dakota-chartered expert who is not compensated by commission and finder&apos;s fees and never influenced by financial products or services. For more information about the importance of an independent trust administration company, contact <a class="extlink"  target="_blank"  rel="nofollow noopener" title="Sterling Trustees" href="https://sterlingtrustees.com">Sterling Trustees</a> today.<br />
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About Sterling Trustees<br />
Sterling Trustees is a South Dakota-chartered trust company located in Sioux Falls, South Dakota. By working independently, the firm allows its clients to avoid the extra costs and conflicts of interest associated with large financial institutions. Sterling Trustees is dedicated to keeping assets safe while remaining objective.</p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/release-3.htm">http://www.releasewire.com/press-releases/release-3.htm</a></p></div><h2>Media Relations Contact</h2><p>Christopher Shirlow<br />Email: <a rel="nofollow" href="http://www.sbwire.com/press-releases/contact/1293940">Click to Email Christopher Shirlow</a><br />Web: <a rel="nofollow" href="http://www.sterlingtrustees.com/">http://www.sterlingtrustees.com/</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=1293940&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Fri, 12 Jun 2020 08:00:00 -0500</pubDate>
      <guid>http://www.releasewire.com/press-releases/release-3.htm</guid>
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      <title>Sterling Trustees Offers Outsourced Trust Administration for Family Offices</title>
      <link>http://www.releasewire.com/press-releases/release-3.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p>Sioux Falls, SD -- (<a rel="nofollow" href="http://www.sbwire.com/">SBWIRE</a>) -- 05/22/2019 --  Sterling Trustees, one of <a class="extlink"  target="_blank"  rel="nofollow noopener" title="South Dakota&apos;s most highly-rated trust companies" href="https://sterlingtrustees.com/benefits-south-dakota-trusts/">South Dakota&apos;s most highly-rated trust companies</a>, provides outsourced trust administration for family offices. These organizations, serving wealthy families, can benefit from the cost, independence, and technology advantages provided by an independent corporate trustee.<br />
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Whether it&apos;s a single-family office or one that serves multiple families, a consistent theme we hear is there is a lack of qualified independent trustees to serve in the family office market.  This has been driven by three factors. First, there is a lack of in-house expertise within the family office as <a class="extlink"  target="_blank"  rel="nofollow noopener" title="trust administration" href="https://sterlingtrustees.com/services/">trust administration</a> is fundamentally different from the typical investment management, legal and accounting services that family offices provide to its families.  Secondly, for family offices located in high tax states, having in-house trust admin staff doesn&apos;t make any sense because situsing trusts to states like South Dakota, that have zero state income or capital gain taxes, saves millions of dollars in taxes over the lifetime of a trust..  Lastly many family offices can&apos;t afford to purchase the right technology to provide automated data aggregation and trust accounting across multiple custodians as well as for non-liquid assets like hedge and private equity.<br />
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Outsourcing trust administration to an independent corporate trustee can be in the best interests of single and multi-family offices.  Sterling Trustees is an independent corporate trustee that provides outsourced trust administration to families looking to leverage a no tax state like South Dakota, a technology platform that automates the accounting for all trust assets and lastly bring objectivity in the administration of trusts. This objectivity alleviates the complex dynamics of interfamilial relationships and the conflicts that arise from them, can be avoided by outsourcing the trust administration function.<br />
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Interested family office representatives can learn more about Sterling Trustees at <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="https://sterlingtrustees.com" href="https://sterlingtrustees.com">https://sterlingtrustees.com</a>. To speak to one of Sterling Trustees about trust administration for family offices, call (605) 593-8950. <br />
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About Sterling Trustees<br />
Sterling Trustees is a South Dakota-chartered trust company located in Sioux Falls, South Dakota. By working independently, the firm allows its clients to avoid the extra costs and conflicts of interest associated with large financial institutions. Sterling Trustees&apos; main goal is to keep assets safe while remaining objective.</p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/release-3.htm">http://www.releasewire.com/press-releases/release-3.htm</a></p></div><h2>Media Relations Contact</h2><p>Jen Wielgus<br />Email: <a rel="nofollow" href="http://www.sbwire.com/press-releases/contact/1221568">Click to Email Jen Wielgus</a><br />Web: <a rel="nofollow" href="http://www.sterlingtrustees.com/">http://www.sterlingtrustees.com/</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=1221568&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Wed, 22 May 2019 12:00:00 -0500</pubDate>
      <guid>http://www.releasewire.com/press-releases/release-3.htm</guid>
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      <title>Sterling Trustees: The Importance of Objectivity in Trust Administration</title>
      <link>http://www.releasewire.com/press-releases/release-3.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p>Sioux Falls, SD -- (<a rel="nofollow" href="http://www.sbwire.com/">SBWIRE</a>) -- 01/04/2019 --  There are many options when choosing a trustee to carry out the necessary <a class="extlink"  target="_blank"  rel="nofollow noopener" title="trust administration services" href="https://sterlingtrustees.com/services/">trust administration services</a>. Many people choose individual trustees like family members or friends. Others hire large banks or investment firms. However, these groups aren&apos;t able to deliver the same objectivity as an independent corporate trustee. Sterling Trustees, an independent corporate trustee, offers objective and dependable trust administration services.<br />
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An <a class="extlink"  target="_blank"  rel="nofollow noopener" title="independent corporate trustee" href="https://sterlingtrustees.com/our-approach/independence/">independent corporate trustee</a> is better than the alternatives because they&apos;re unbiased; their compensation is based on a fixed fee as opposed to a fee calculated based on assets under administration, a model that  is not always in the best interest of the client. Without any outside influences, the only goal is to preserve and protect trust assets.<br />
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Individual trustees are generally family members or close friends of the grantor who offer their services at a low fee or no fee whatsoever. While the grantor may think he is saving money with this model, there are significant drawbacks including a potential conflict of interest. Because the trustee is so close to the family, it&apos;s difficult for him or her to make unbiased judgements when it comes to treating each beneficiary fairly, not to mention the lack of experience and legal and tax expertise needed to administer a trust. This can turn out to be an expensive way to go in the long run.<br />
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If a grantor chooses a bank or investment firm to provide trust administration, they should  understand that these parties will be concerned with what is in the best interest for their company. Since most bank and investment firms charge based on assets under administration, when it comes time to making a distribution to a beneficiary, decreasing the corpus of the trust lowers the base from which they can earn fees.  This sort of monetary motivation clouds their objectivity, ultimately making decisions that may not be in the beneficiary&apos;s best interest.<br />
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Grantors who engage independent corporate trustees like Sterling Trustees deal with expert trust officers who administer the trust completely objectively because the firm is independent. These trustees are unmatched in reliability, as sickness, death, injuries, or vacations do not prevent administration, The trust officers are highly experienced in legal and tax requirements, and they are able to execute the fiduciary duty assigned to them.<br />
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To learn more about Sterling Trustees and their objective approach to trust administration, visit them online at <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="https://sterlingtrustees.com/" href="https://sterlingtrustees.com/">https://sterlingtrustees.com/</a> or view a <a class="extlink"  target="_blank"  rel="nofollow noopener" title="short educational video" href="https://www.youtube.com/watch?v=FgRpfQdwbUc">short educational video</a> on independent corporate trustees.<br />
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About Sterling Trustees<br />
Sterling Trustees is South Dakota-chartered trust company located in Sioux Falls, South Dakota. By working independently, the firm allows its clients to avoid the extra costs and conflicts of interest associated with large financial institutions. Sterling Trustees&apos; main goal is to keep assets safe while remaining objective.</p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/release-3.htm">http://www.releasewire.com/press-releases/release-3.htm</a></p></div><h2>Media Relations Contact</h2><p>Nathan Henty<br />Email: <a rel="nofollow" href="http://www.sbwire.com/press-releases/contact/1116021">Click to Email Nathan Henty</a><br />Web: <a rel="nofollow" href="http://www.sterlingtrustees.com/">http://www.sterlingtrustees.com/</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=1116021&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Fri, 04 Jan 2019 11:45:00 -0600</pubDate>
      <guid>http://www.releasewire.com/press-releases/release-3.htm</guid>
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      <title>Sterling Trustees Offers Tax Saving Trust Calculator</title>
      <link>http://www.releasewire.com/press-releases/release-3.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p>Sioux Falls, SD -- (<a rel="nofollow" href="http://www.sbwire.com/">SBWIRE</a>) -- 11/20/2018 --  As a leading <a class="extlink"  target="_blank"  rel="nofollow noopener" title="South Dakota trust company" href="https://sterlingtrustees.com/benefits-south-dakota-trusts/">South Dakota trust company</a>, Sterling Trustees provides <a class="extlink"  target="_blank"  rel="nofollow noopener" title="trust administration services" href="https://sterlingtrustees.com/services">trust administration services</a> with an array of advantages that are special to The Mount Rushmore State. Among the many benefits, trusts in South Dakota are entirely free from state income and capital gains tax.<br />
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Prospective clients aren&apos;t expected to simply take the company&apos;s word for it, either. Sterling Trustees created a <a class="extlink"  target="_blank"  rel="nofollow noopener" title="Tax Savings Calculator" href="https://sterlingtrustees.com/tax-saving-calculator/">Tax Savings Calculator</a>, featured on their website. By entering critical data such as the trust size, remaining term of the trust, and other information, families and attorneys can instantly calculate and see for themselves how much they would save in taxes by setting up or migrating their trust to South Dakota.<br />
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The South Dakota tax advantage can have a significant impact on asset growth over the term of the trust by allowing the income/capital gains saved on taxes to be continually reinvested. This compounding effect is quite powerful especially for residents of high tax states such as California, New York and Connecticut.  The higher the state&apos;s effective income and capital gains tax, the greater the compounding effect.<br />
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"A trust that is sitused in any state can be transferred to South Dakota to take advantage of the tax savings; new trusts can, of course, be set up in South Dakota from the start, according to Antony Joffe, President of Sterling Trustees.<br />
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Those interested in learning more about what Sterling Trustees can do for them and their assets are encouraged to contact them at 605-593-8950 or visit <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="https://sterlingtrustees.com" href="https://sterlingtrustees.com">https://sterlingtrustees.com</a>.<br />
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About Sterling Trustees<br />
Sterling Trustees is South Dakota-chartered trust company located in Sioux Falls, South Dakota. By working independently, the firm allows its clients to avoid the extra costs and conflicts of interest associated with large financial institutions. Sterling Trustees&apos; main goal is to keep assets safe while remaining objective.</p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/release-3.htm">http://www.releasewire.com/press-releases/release-3.htm</a></p></div><h2>Media Relations Contact</h2><p>Nathan Henty<br />Email: <a rel="nofollow" href="http://www.sbwire.com/press-releases/contact/1088365">Click to Email Nathan Henty</a><br />Web: <a rel="nofollow" href="http://www.sterlingtrustees.com/">http://www.sterlingtrustees.com/</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=1088365&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Tue, 20 Nov 2018 10:00:00 -0600</pubDate>
      <guid>http://www.releasewire.com/press-releases/release-3.htm</guid>
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      <title>Sterling Trustees Publishes South Dakota Trust Law Online Handbook</title>
      <link>http://www.releasewire.com/press-releases/release-3.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p>Sioux Falls, SD -- (<a rel="nofollow" href="http://www.sbwire.com/">SBWIRE</a>) -- 09/06/2018 --  Sterling Trustees, LLC has recently made available its South Dakota Trust Law Online Handbook. This comprehensive guide, which is downloadable on Sterling Trustees&apos; <a class="extlink"  target="_blank"  rel="nofollow noopener" title="website" href="https://sterlingtrustees.com/benefits-south-dakota-trusts/">website</a>, serves as a factual anthology of South Dakota trust laws and administrative rules for both public and private trust companies. The law records found within the publication are accurate through the 93rd legislative session in 2018, and the outline of administrative regulations is updated to the South Dakota standards as of August 2017.<br />
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Sterling created the handbook to provide attorneys, accountants and investment advisors an easy-to-use reference guide to quickly familiarize themselves and get comfortable the fact that South Dakota is the best trust situs in the country.  The trust law handbook is divided into seven sections: Taxation; Judicial Remedies; Uniform Probate Code; Property; Banks and Banking; Fiduciaries and Trusts; and Trust Company Administration Rules Article 20-07, which refers to banking. <br />
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Sterling Trustees encourages anyone who is using this handbook to refer to primary source material regarding South Dakota codified law, which is located at <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://sdlegislature.gov/statutes/Codified_Laws/Default.aspx" href="http://sdlegislature.gov/statutes/Codified_Laws/Default.aspx">http://sdlegislature.gov/statutes/Codified_Laws/Default.aspx</a>.<br />
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Sterling Trustees is recognized as one of the top independent corporate trustees in the nation. The firm administers over $3.6 billion of assets across 300 trusts and 120 families. Providing their <a class="extlink"  target="_blank"  rel="nofollow noopener" title="trust administration services" href="https://sterlingtrustees.com/services">trust administration services</a> in South Dakota allows their clients to benefit from the advantageous trust rules and laws. <br />
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About Sterling Trustees<br />
Sterling Trustees is a South Dakota-chartered trust company located in Sioux Falls, South Dakota. By working independently, the firm allows its clients to avoid the extra costs and conflicts of interest associated with large financial institutions. Sterling Trustees&apos; main goal is to keep assets safe while remaining objective.<br />
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For more information, please visit <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="https://sterlingtrustees.com" href="https://sterlingtrustees.com">https://sterlingtrustees.com</a> or call 605-593-8950.</p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/release-3.htm">http://www.releasewire.com/press-releases/release-3.htm</a></p></div><h2>Media Relations Contact</h2><p>Nathan Henty<br />Email: <a rel="nofollow" href="http://www.sbwire.com/press-releases/contact/1044293">Click to Email Nathan Henty</a><br />Web: <a rel="nofollow" href="https://sterlingtrustees.com/">https://sterlingtrustees.com/</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=1044293&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Thu, 06 Sep 2018 11:32:00 -0500</pubDate>
      <guid>http://www.releasewire.com/press-releases/release-3.htm</guid>
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      <title>Sterling Trustees: 9 Questions Wealthy Families Should Be Asking in 2018</title>
      <link>http://www.releasewire.com/press-releases/release-3.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p>Sioux Falls, SD -- (<a rel="nofollow" href="http://www.sbwire.com/">SBWIRE</a>) -- 09/05/2018 --  In a recent article, Sterling Trustees, a <a class="extlink"  target="_blank"  rel="nofollow noopener" title="South Dakota trust company" href="https://sterlingtrustees.com/benefits-south-dakota-trusts/">South Dakota trust company</a>, has published a list of nine questions that wealthy families should ask their trust officers, legal and investment advisors, about their trusts. "<a class="extlink"  target="_blank"  rel="nofollow noopener" title="9 Questions Wealthy Families Should Be Asking in 2018" href="https://sterlingtrustees.com/9-questions-wealthy-families-should-be-asking-in-2018">9 Questions Wealthy Families Should Be Asking in 2018</a>" can be found on the firm&apos;s website.<br />
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One truth regarding wealthy families that seems to fly under the radar is the varied education and experience levels required concerning the laws and other financial details of trusts. Any family member with limited knowledge of complex trust laws should educate themselves. It is vital to understand what is happening to the family trust on a detailed level. Or they can seek the services of an independent corporate trust company to administer the trust.<br />
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Sterling Trustees is known for assisting wealthy families by offering the answers and guidance that is necessary to ensure that the trusts are administered correctly. Therefore, they know exactly what questions their clients should be asking in order to fully comprehend what is going on with their trust.<br />
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Those who would like to gain additional insight, ask more questions, or understand what exactly companies like Sterling Trustees do to help families with their trusts are encouraged to contact the company directly and speak with a representative by calling 605-593-8950.<br />
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To learn more about administering trusts, the different types of trusts, or anything else regarding this company&apos;s <a class="extlink"  target="_blank"  rel="nofollow noopener" title="trust administration services" href="https://sterlingtrustees.com/services/">trust administration services</a>, visit <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="https://sterlingtrustees.com" href="https://sterlingtrustees.com">https://sterlingtrustees.com</a>, where visitors can also read, "9 Questions Wealthy Families Should Be Asking in 2018."<br />
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About Sterling Trustees<br />
Sterling Trustees is South Dakota-chartered trust company located in Sioux Falls, South Dakota. By working independently, the firm allows its clients to avoid the extra costs and conflicts of interest associated with large financial institutions. Sterling Trustees&apos; main goal is to keep assets safe while remaining objective.<br />
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For more information, please visit <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="https://sterlingtrustees.com" href="https://sterlingtrustees.com">https://sterlingtrustees.com</a>.</p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/release-3.htm">http://www.releasewire.com/press-releases/release-3.htm</a></p></div><h2>Media Relations Contact</h2><p>Nathan Henty<br />Email: <a rel="nofollow" href="http://www.sbwire.com/press-releases/contact/1043319">Click to Email Nathan Henty</a><br />Web: <a rel="nofollow" href="https://sterlingtrustees.com/">https://sterlingtrustees.com/</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=1043319&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Wed, 05 Sep 2018 10:47:00 -0500</pubDate>
      <guid>http://www.releasewire.com/press-releases/release-3.htm</guid>
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      <title>Sterling Trustees Cited as a Top-Ranked Trust Company in South Dakota by Chambers and Partners</title>
      <link>http://www.releasewire.com/press-releases/release-3.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p>Sioux Falls, SD -- (<a rel="nofollow" href="http://www.sbwire.com/">SBWIRE</a>) -- 08/13/2018 --  <a class="extlink"  target="_blank"  rel="nofollow noopener" title="Sterling Trustees, LLC" href="https://www.chambersandpartners.com/13144/2700/editorial/21/1">Sterling Trustees, LLC</a> has been recognized by Chambers and Partners as a top-ranked <a class="extlink"  target="_blank"  rel="nofollow noopener" title="South Dakota trust company" href="https://sterlingtrustees.com/benefits-south-dakota-trusts/">South Dakota trust company</a> and is honored to be among an elite group of trust companies earning this distinction. Among other attributes, the firm was recognized for exceptional service, professionalism and global expertise.<br />
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Chambers and Partners is a globally recognized authority on establishing the credibility and rankings of the world&apos;s best lawyers and trust companies. Each year, Chambers and Partners researches and releases their ranking guides, which they call the Chambers High Net Worth Guide for the United States, United Kingdom, Latin America, Asia-Pacific, Canada, and the global market. Gaining recognition and accreditation from Chambers and Partners is a significant achievement for any firm.<br />
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Antony Joffe, President of Sterling Trustees said, "We are honored to be chosen by Chambers and Partners as a top ranked trust company in South Dakota. Our attention to service and global expertise over the last ten years has allowed Sterling to grow to over $3.3 billion of assets under administration." <br />
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Sterling Trustees offers comprehensive <a class="extlink"  target="_blank"  rel="nofollow noopener" title="trust administration services" href="https://sterlingtrustees.com/services">trust administration services</a>  for both domestic and foreign trusts.  As an independent corporate trust company, the firm offers objective advice that is free from the conflicts of interests common to trust companies that perform trust administration services and act as a financial advisor or custodian. <br />
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About Sterling Trustees<br />
Sterling Trustees is South Dakota-chartered trust company located in Sioux Falls, South Dakota. By working independently, the firm allows its clients to avoid the extra costs and conflicts of interest associated with large financial institutions. Sterling Trustees&apos; main goal is to keep assets safe while remaining objective.<br />
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For more information, please visit <a class="extlink"  target="_blank"  rel="nofollow noopener" title="http://www.sterlingtrustees.com" href="http://www.sterlingtrustees.com/">http://www.sterlingtrustees.com</a> or call 605-593-8950.</p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/release-3.htm">http://www.releasewire.com/press-releases/release-3.htm</a></p></div><h2>Media Relations Contact</h2><p>Nathan Henty<br />Email: <a rel="nofollow" href="http://www.sbwire.com/press-releases/contact/1022920">Click to Email Nathan Henty</a><br />Web: <a rel="nofollow" href="http://www.sterlingtrustees.com/">http://www.sterlingtrustees.com/</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=1022920&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Mon, 13 Aug 2018 07:28:00 -0500</pubDate>
      <guid>http://www.releasewire.com/press-releases/release-3.htm</guid>
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      <title>Sterling Trustees Releases New Video on Advantages of South Dakota Trusts</title>
      <link>http://www.releasewire.com/press-releases/release-3.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p>Conshohocken, PA -- (<a rel="nofollow" href="http://www.sbwire.com/">SBWIRE</a>) -- 04/17/2018 --  A South Dakota-chartered trust company, Sterling Trustees offers trust administration services featuring a multitude of advantages not offered for trusts located outside of South Dakota. The firm just released a short video, "When Selecting a Trust company, Location Matters," that clearly explains why South Dakota is superior to other states. <a class="extlink"  target="_blank"  rel="nofollow noopener" title="See video" href="https://sterlingtrustees.com/resources-and-news/">See video</a>.<br />
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<a class="extlink"  target="_blank"  rel="nofollow noopener" title="South Dakota" href="https://sterlingtrustees.com/benefits-south-dakota-trusts">South Dakota</a> is one of the country&apos;s most progressive trust jurisdictions. Because the state doesn&apos;t impose state income or capital gains taxes, trust assets can grow free of state tax. For clients in states with high taxes, these savings can compound over time.<br />
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Likewise, with directed trust statutes, family members and advisors enjoy increased flexibility in managing and monitoring assets. Trusts have an unlimited duration, which means family legacies from wealth created will continue for generations to come.<br />
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South Dakota also implemented asset protection statutes that defend against creditors and has unrivaled privacy laws. Unlike states that follow the uniform trust act, a trust&apos;s existence doesn&apos;t need to be disclosed when a minor turns 18 years old. Details and provisions of a trust can never be publicly revealed during litigation.<br />
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The state also boasts the country&apos;s best trust, decanting and reformation statues. Even the oldest and more obscure trusts may be decanted or reformed quickly and efficiently to South Dakota. Even those who don&apos;t live in South Dakota can take advantage of its progressive trust laws as a beneficiary.<br />
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Those interested in learning more about their <a class="extlink"  target="_blank"  rel="nofollow noopener" title="trust administration services" href="https://sterlingtrustees.com/services/">trust administration services</a> and the benefits that they can reap are encouraged to contact at 605-593-8950 or <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="https://sterlingtrustees.com" href="https://sterlingtrustees.com">https://sterlingtrustees.com</a><br />
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About Sterling Trustees<br />
Sterling Trustees is South Dakota-chartered trust company located in Sioux Falls, South Dakota. By working independently, the firm allows its clients to avoid the extra costs and conflicts of interest associated with large financial institutions. Sterling Trustees&apos; main goal is to keep assets safe while remaining objective.</p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/release-3.htm">http://www.releasewire.com/press-releases/release-3.htm</a></p></div><h2>Media Relations Contact</h2><p>Andrew Foligno<br />Email: <a rel="nofollow" href="http://www.sbwire.com/press-releases/contact/963398">Click to Email Andrew Foligno</a><br />Web: <a rel="nofollow" href="https://sterlingtrustees.com/">https://sterlingtrustees.com/</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=963398&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Tue, 17 Apr 2018 07:00:00 -0500</pubDate>
      <guid>http://www.releasewire.com/press-releases/release-3.htm</guid>
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      <title>Sterling Trustees Named One of America's Most Advisor-Friendly Trust Companies</title>
      <link>http://www.releasewire.com/press-releases/release-3.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p>Conshohocken, PA -- (<a rel="nofollow" href="http://www.sbwire.com/">SBWIRE</a>) -- 02/06/2018 --  Sterling Trustees, a leading <a class="extlink"  target="_blank"  rel="nofollow noopener" title="trust administration" href="https://sterlingtrustees.com/">trust administration</a> firm is honored to be recognized on Wealth Advisor&apos;s 2018 America&apos;s Most Advisor-Friendly Trust Companies list.<br />
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Known for providing high-quality <a class="extlink"  target="_blank"  rel="nofollow noopener" title="trustee services" href="http://sterlingtrustees.com/services/">trustee services</a>, Sterling Trustees is an independent trust company that offers global trust and administration services to high net worth families. The company is currently administers for more than $3.3 billion worth of client trust assets across 300 trusts and 120 families worldwide.<br />
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The independence model is based on the philosophy that a trustee should not act as an investment advisor or the custodian of trust funds. Instead, Sterling Trustees works with outside investment advisors selected by the client to invest their funds on behalf of the trust while using an independent custodian.<br />
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Sterling Trustees&apos; staff possesses the knowledge necessary for working with multi-generational families who are seeking an independent trustee. The firm is also highly experienced in cross-border trusts including domesticating trusts from foreign jurisdictions. <br />
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According to Antony Joffe, Sterling&apos;s President, "we have grown over the years through client referrals and positive relationships with centers of influence, including respected law firms and investment advisors around the world." All this and more made the firm an easy selection for Wealth Advisor&apos;s 2018 America&apos;s most Advisor-Friendly Trust Companies list.<br />
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Interested parties can find out more about their trust administration services by calling 605-593-8950 or visit <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="https://sterlingtrustees.com" href="https://sterlingtrustees.com">https://sterlingtrustees.com</a> online. <br />
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About Sterling Trustees<br />
Sterling Trustees is South Dakota-chartered trust company located in Sioux Falls, South Dakota. By working independently, the firm allows its clients to avoid the extra costs and conflicts of interest associated with large financial institutions. Sterling Trustees&apos; main goal is to keep assets safe while remaining objective.<br />
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For more information, please visit <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="https://sterlingtrustees.com" href="https://sterlingtrustees.com">https://sterlingtrustees.com</a></p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/release-3.htm">http://www.releasewire.com/press-releases/release-3.htm</a></p></div><h2>Media Relations Contact</h2><p>Kevin Glasson<br />Email: <a rel="nofollow" href="http://www.sbwire.com/press-releases/contact/927404">Click to Email Kevin Glasson</a><br />Web: <a rel="nofollow" href="https://sterlingtrustees.com/">https://sterlingtrustees.com/</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=927404&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Tue, 06 Feb 2018 12:01:00 -0600</pubDate>
      <guid>http://www.releasewire.com/press-releases/release-3.htm</guid>
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      <title>Antony Joffe, President of Sterling Trustees, Explains CRS in Recent Article and Whitepaper</title>
      <link>http://www.releasewire.com/press-releases/release-3.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p>Conshohocken, PA -- (<a rel="nofollow" href="http://www.sbwire.com/">SBWIRE</a>) -- 08/08/2017 --  Sterling Trustees, a leader in <a class="extlink"  target="_blank"  rel="nofollow noopener" title="trust administration services" href="http://sterlingtrustees.com/services/">trust administration services</a>, is always at the forefront of the latest news and developments regarding trusts. Antony Joffe, president of Sterling Trustees, along with Mary Akkerman, law partner at Lindquist and Vennum, recently explained the differences between the <a class="extlink"  target="_blank"  rel="nofollow noopener" title="Common Reporting Standard (CRS)" href="http://sterlingtrustees.com/services/global-expertise/common-reporting-standard-crs/">Common Reporting Standard (CRS)</a> and the Foreign Account Tax Compliance Act (FATCA) in a recent article published in the STEP Journal (Society of Trust and Estate Practitioners). <br />
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In this piece, Joffe and Akkerman define and list the differences between these two approaches, which aim to combat and eliminate cross-border tax non-compliance. Since the article was published, the authors completed a whitepaper. You can download a copy of "<a class="extlink"  target="_blank"  rel="nofollow noopener" title="Everything you need to know about CRS…but were afraid to ask" href="http://sterlingtrustees.com/wp-content/uploads/2017/04/Sterling-Trustees-CRS-White-Paper.pdf">Everything you need to know about CRS…but were afraid to ask</a>."<br />
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The CRS is a new approach created through the collaboration of the Organisation for Economic Cooperation and Development and the European Union. Under this approach, different countries in which this convention is in effect automatically exchange all relevant information pertaining to a financial account including beneficial holder&apos;s names, addresses and dollar amounts.<br />
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FATCA, passed in 2010 by the United States Congress, ensures foreign financial institutions follow the same reporting standards as United States financial service providers when providing data about their clients who are United States residents or citizens. Although rejected by many foreign governments, intergovernmental agreements with FATCA compliance are in effect with more than 100 countries, resulting in countries changing their laws.<br />
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Although the CRS and FATCA both impose strict penalties for non-compliance and have similar reporting requirements, the CRS requires that tax residency and place and date of birth for account holders to be reporting conditions. It also does not require any minimum thresholds such as FATCA. It remains to be seen whether or not the United States will adopt CRS or go it alone with their own FATCA regulations.<br />
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Interested parties can learn more about the CRS, FATCA and this <a class="extlink"  target="_blank"  rel="nofollow noopener" title="South Dakota trust" href="http://sterlingtrustees.com/benefits-south-dakota-trusts/">South Dakota trust</a> company by calling 605-593-8950 or visiting their website online at <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://sterlingtrustees.com/" href="http://sterlingtrustees.com/">http://sterlingtrustees.com/</a>.<br />
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About Sterling Trustees<br />
Sterling Trustees is a South Dakota-chartered trust company located in Sioux Falls, South Dakota. By working independently, the firm allows its clients to avoid the extra costs and conflicts of interest associated with large financial institutions. Sterling Trustees&apos; main goal is to keep assets safe while remaining objective.<br />
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For more information, please visit <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.sterlingtrustees.com" href="http://www.sterlingtrustees.com">http://www.sterlingtrustees.com</a>.</p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/release-3.htm">http://www.releasewire.com/press-releases/release-3.htm</a></p></div><h2>Media Relations Contact</h2><p>Mike Catalino<br />Email: <a rel="nofollow" href="http://www.sbwire.com/press-releases/contact/845507">Click to Email Mike Catalino</a><br />Web: <a rel="nofollow" href="http://www.sterlingtrustees.com/">http://www.sterlingtrustees.com/</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=845507&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Tue, 08 Aug 2017 11:45:00 -0500</pubDate>
      <guid>http://www.releasewire.com/press-releases/release-3.htm</guid>
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      <title>Sterling Trustees Explains the Difference Between a Trustee and Independent Corporate Trustee in New Video</title>
      <link>http://www.releasewire.com/press-releases/release-3.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p>Conshohocken, PA -- (<a rel="nofollow" href="http://www.sbwire.com/">SBWIRE</a>) -- 04/11/2017 --  Sterling Trustees, a <a class="extlink"  target="_blank"  rel="nofollow noopener" title="South Dakota trust" href="http://sterlingtrustees.com/benefits-south-dakota-trusts/">South Dakota trust</a> company that provides trust administration services to high net-worth families, just released an educational video explaining the difference between a trustee and an independent corporate trustee.  <a class="extlink"  target="_blank"  rel="nofollow noopener" title="To see this informative 90-second video, click here" href="https://www.youtube.com/watch?v=FgRpfQdwbUc">To see this informative 90-second video, click here</a>.  Or <a class="extlink"  target="_blank"  rel="nofollow noopener" title="visit Sterling Trustees" href="http://sterlingtrustees.com/">visit Sterling Trustees</a>.<br />
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Grantors face a variety of different options when establishing a trust and appointing a trustee. They can choose a family member, an institution such as a bank, financial advisor, custodian, accountant, attorney or independent corporate trustee. Sterling Trustees presents the options in the video and explains why appointing an independent corporate trustee is the best option. <br />
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Independent corporate trustees don&apos;t push a financial product or service, which makes them objective. They preserve wealth through meticulous administration and unparalleled expertise. Sterling Trustees uses one-on-one communication and advanced technology to monitor performance. They conscientiously oversee investment policy statements to make sure the families&apos; assets are invested according to a long-term plan to preserve and grow true assets into the future. Trust administration is all they do, Sterling Trustees trust officers are knowledgeable in legal and tax requirements and work with professionals who are experts in these fields in the best interest of the trust.<br />
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A family member may manage a trust without a fee, but they lack legal tax and investment expertise to administer a trust. A bank or investment firm works for what&apos;s best for the trust and most profitable for their firm, so who comes first? The <a class="extlink"  target="_blank"  rel="nofollow noopener" title="independent nature" href="http://sterlingtrustees.com/our-approach/independence/">independent nature</a> of Sterling Trustees assures objectivity.<br />
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To learn more about the benefits of <a class="extlink"  target="_blank"  rel="nofollow noopener" title="trust management services" href="http://sterlingtrustees.com/services/">trust management services</a> using an independent corporate trustee, contact Sterling Trustees at 605-593-8950. <br />
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About Sterling Trustees<br />
Sterling Trustees is South Dakota-chartered trust company located in Sioux Falls, South Dakota. By working independently, the firm allows its clients to avoid the extra costs and conflicts of interest associated with large financial institutions. Sterling Trustees&apos; main goal is to keep assets safe while remaining objective.<br />
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For more information, please visit <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.sterlingtrustees.com" href="http://www.sterlingtrustees.com">http://www.sterlingtrustees.com</a>.</p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/release-3.htm">http://www.releasewire.com/press-releases/release-3.htm</a></p></div><h2>Media Relations Contact</h2><p>Adrian Fedkiw<br />Email: <a rel="nofollow" href="http://www.sbwire.com/press-releases/contact/792768">Click to Email Adrian Fedkiw</a><br />Web: <a rel="nofollow" href="http://www.sterlingtrustees.com/">http://www.sterlingtrustees.com/</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=792768&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Tue, 11 Apr 2017 08:45:00 -0500</pubDate>
      <guid>http://www.releasewire.com/press-releases/release-3.htm</guid>
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      <title>Sterling Trustees Is Beneficial for Those Who Require Trust Administration</title>
      <link>http://www.releasewire.com/press-releases/release-3.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p>Conshohocken, PA -- (<a rel="nofollow" href="http://www.sbwire.com/">SBWIRE</a>) -- 11/18/2016 --  Although many people may not realize it, using a corporate trustee to manage their trusts can be one of the best decisions they&apos;ll ever make. Sterling Trustees is a South Dakota-chartered trust company that provides <a class="extlink"  target="_blank"  rel="nofollow noopener" title="trust administration services" href="http://sterlingtrustees.com/services">trust administration services</a> to high net-worth families, as well as foundations and endowments. They focus on preserving assets for generations to come using their independent trust services model.<br />
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An individual or family can turn in many directions when trying to select a trustee including family members, friends, banks or <a class="extlink"  target="_blank"  rel="nofollow noopener" title="independent corporate trustees" href="http://sterlingtrustees.com/our-approach/independence/">independent corporate trustees</a>.  Families often find that using a friend or family member often creates conflicts of interest, can be burdensome in terms of time and often involves complex subject matter for which they lack expertise.  For this reason, an independent corporate trustee such as Sterling Trustees is usually the best way to go. They can provide several advantages, including experience - because the company handles many trusts on a regular basis and is familiar with the legal requirements, objectivity - since they&apos;re an outside firm and can make decisions free from bias, and regulation - they&apos;re subject to many levels of oversight for the protection of the trust.<br />
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Clients who use the services of Sterling Trustees can be confident that their trust is being meticulously managed by one of their highly experienced trust officers, who will use one-on-one communication, unparalleled expertise, and advanced technology to monitor performance. Sterling Trustees carefully develops and manages investment policy statements to ensure the families&apos; assets are invested according to a long-term plan in order to preserve and grow trust assets into the future. <br />
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To learn more about the benefits of using an independent corporate trustee, contact Sterling Trustees at 605-593-8950.<br />
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About Sterling Trustees<br />
Sterling Trustees is a fee-only trust company located in Sioux Falls, South Dakota. By working independently, the firm allows its clients to avoid the extra costs and conflicts of interest associated with large financial institutions. Sterling Trustees&apos; main goal is to keep assets safe while remaining objective.<br />
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For more information, please visit <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.sterlingtrustees.com" href="http://www.sterlingtrustees.com">http://www.sterlingtrustees.com</a>.</p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/release-3.htm">http://www.releasewire.com/press-releases/release-3.htm</a></p></div><h2>Media Relations Contact</h2><p>Marissa Belko<br />Email: <a rel="nofollow" href="http://www.sbwire.com/press-releases/contact/743389">Click to Email Marissa Belko</a><br />Web: <a rel="nofollow" href="http://sterlingtrustees.com/">http://sterlingtrustees.com/</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=743389&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Fri, 18 Nov 2016 07:00:00 -0600</pubDate>
      <guid>http://www.releasewire.com/press-releases/release-3.htm</guid>
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      <title>Sterling Trustees Administers Charitable Trusts and More</title>
      <link>http://www.releasewire.com/press-releases/release-3.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p>Conshohocken, PA -- (<a rel="nofollow" href="http://www.sbwire.com/">SBWIRE</a>) -- 11/07/2016 --  Sterling Trustees is a South Dakota-chartered trust company. The firm provides <a class="extlink"  target="_blank"  rel="nofollow noopener" title="trust administration" href="http://sterlingtrustees.com/services/">trust administration</a> services to high-net-worth families as well as foundations and endowments. Their unbiased services are focused on preserving assets for future generations. Sterling Trustees&apos; experienced trust officers manage the trust using one-on-one communication, leading technology and unmatched expertise. This <a class="extlink"  target="_blank"  rel="nofollow noopener" title="South Dakota-chartered trust company" href="http://sterlingtrustees.com/benefits-south-dakota-trusts/">South Dakota-chartered trust company</a> is different from other firms because they only provide trust administration, not investment management. They also handle many different types of trusts, including charitable trusts.<br />
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Sterling Trustees administers a wide variety of trusts in order to meet their clients&apos; diverse needs. Some of them include self-settled trusts, asset protection trusts, life insurance trusts, charitable trusts, dynasty trusts, generation-skipping trusts, pre-immigration trusts and more. Sterling can provide these trust administration services on both a delegated or directed basis.  Delegated trusts, for example, allow the trustee to delegate the investment management to qualified investment professionals. With directed trusts, responsibilities are spread out among several parties in order to limit trustee risk and ensure both independent investment management and distribution decisions are made.<br />
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For example, donors who want some or all of their estate proceeds to go to a charity of their choice may rely on <a class="extlink"  target="_blank"  rel="nofollow noopener" title="charitable trusts" href="http://sterlingtrustees.com/services/types-of-trusts/charitable-trusts/">charitable trusts</a>. The several categories and subcategories of charitable trusts include charitable lead trusts, charitable lead annuity trusts, charitable lead unit trusts, charitable remainder trusts and more. One of the benefits of a charitable trust is that it allows the grantor to reduce estate tax or current income taxes with a charitable income tax deduction.  Charitable trusts can be created while the donor is living or they can be established via the donor&apos;s will at the time of death.<br />
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To learn more about charitable trusts and the many other types, contact Sterling Trustees at 605-593-8950.<br />
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About Sterling Trustees<br />
Sterling Trustees is a fee-only trust administration firm located in Sioux Falls, South Dakota. By working independently, the firm allows its clients to avoid the extra costs and conflicts of interest associated with large financial institutions. Sterling Trustees&apos; main goal is to keep assets safe while remaining objective.<br />
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For more information, please visit <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.sterlingtrustees.com" href="http://www.sterlingtrustees.com">http://www.sterlingtrustees.com</a>.</p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/release-3.htm">http://www.releasewire.com/press-releases/release-3.htm</a></p></div><h2>Media Relations Contact</h2><p>Marissa Belko<br />Email: <a rel="nofollow" href="http://www.sbwire.com/press-releases/contact/738852">Click to Email Marissa Belko</a><br />Web: <a rel="nofollow" href="http://sterlingtrustees.com/">http://sterlingtrustees.com/</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=738852&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Mon, 07 Nov 2016 07:00:00 -0600</pubDate>
      <guid>http://www.releasewire.com/press-releases/release-3.htm</guid>
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      <title>Sterling Trustees Is One of America's Leading Trust Companies</title>
      <link>http://www.releasewire.com/press-releases/release-3.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p>Conshohocken, PA -- (<a rel="nofollow" href="http://www.sbwire.com/">SBWIRE</a>) -- 10/10/2016 --  Sterling Trustees is a South Dakota-chartered trust company that relies on the power of independent thinking. This company is based in Sioux Falls, South Dakota, and is regulated by the South Dakota Department of Banking. Since South Dakota is one of the country&apos;s leading trust jurisdictions, Sterling Trustees can provide grantors with the latest and most advanced trust law available. This independent <a class="extlink"  target="_blank"  rel="nofollow noopener" title="trust administration" href="http://sterlingtrustees.com/">trust administration</a> company has many broad-reaching benefits and is considered to be one of America&apos;s leading trust companies.<br />
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<a class="extlink"  target="_blank"  rel="nofollow noopener" title="South Dakota" href="http://sterlingtrustees.com/benefits-south-dakota-trusts/">South Dakota</a> trust and business laws offer many advantages. One benefit is that they provide for trusts with an unlimited duration, which allows families to pass on their legacy in perpetuity. Another benefit is that they allow family members to be involved in roles traditionally fulfilled by the trustee through the use of directed trusts. South Dakota trust laws also have strong privacy protections and are exempt from any state capital gains tax or state income tax.<br />
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Sterling Trustees provides <a class="extlink"  target="_blank"  rel="nofollow noopener" title="trust administration services" href="http://sterlingtrustees.com/services">trust administration services</a> by working with the best advisors to bring together tax advice, estate planning, legal services, and other issues that matter to their clients. They can also hire and monitor third-party investment advisors that are selected based on management style, trust asset management experience, geography, and more. They do this because their client&apos;s trust administration is their top priority and Sterling Trustees serves their needs as best they can.<br />
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To learn more about the benefits of using this leading trust company, contact Sterling Trustees at 605-593-8950.<br />
<br />
About Sterling Trustees<br />
Sterling Trustees is a fee-only trust company located in Sioux Falls, South Dakota. By working independently, the firm allows its clients to avoid the extra costs and conflicts of interest associated with large financial institutions. Sterling Trustees&apos; main goal is to keep assets safe while remaining objective.<br />
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For more information, please visit <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.sterlingtrustees.com" href="http://www.sterlingtrustees.com">http://www.sterlingtrustees.com</a>.</p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/release-3.htm">http://www.releasewire.com/press-releases/release-3.htm</a></p></div><h2>Media Relations Contact</h2><p>Marissa Belko<br />Email: <a rel="nofollow" href="http://www.sbwire.com/press-releases/contact/730314">Click to Email Marissa Belko</a><br />Web: <a rel="nofollow" href="http://sterlingtrustees.com/">http://sterlingtrustees.com/</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=730314&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Mon, 10 Oct 2016 07:00:00 -0500</pubDate>
      <guid>http://www.releasewire.com/press-releases/release-3.htm</guid>
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      <title>Sterling Trustees Effectively Manages Client Assets for Future Generations</title>
      <link>http://www.releasewire.com/press-releases/release-3.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p>Conshohocken, PA -- (<a rel="nofollow" href="http://www.sbwire.com/">SBWIRE</a>) -- 08/26/2016 --  Sterling Trustees is a one-of-a-kind trust company based in South Dakota. The firm provides <a class="extlink"  target="_blank"  rel="nofollow noopener" title="independent trust administration" href="http://sterlingtrustees.com/services">independent trust administration</a> services to high net worth families, foundations, and endowments around the world. Unlike other firms, they only handle trust administration, not investment management. This is beneficial because clients get the value of conflict-free independent thinking that focuses solely on their needs. Sterling Trustees also provides <a class="extlink"  target="_blank"  rel="nofollow noopener" title="investment oversight" href="http://sterlingtrustees.com/our-approch/oversight">investment oversight</a> to ensure that their clients&apos; trust assets are being effectively managed to ensure growth for future generations.  Sterling provides its trust administration services on a fixed fee basis.<br />
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The steps in the investment oversight process include understanding a client&apos;s needs, establishing investment objectives, determining asset allocation, selecting and implementing a strategy, and analyzing and communicating results. To understand the client&apos;s needs, Sterling Trustees conducts a current financial review. State-of-the-art technology is employed to provide accurate and timely reporting. The firm works with third-party investment advisors to optimize asset allocation and maintain independence required for objectivity.<br />
<br />
There are many benefits from using a <a class="extlink"  target="_blank"  rel="nofollow noopener" title="South Dakota-chartered trust company" href="http://sterlingtrustees.com/benefits-south-dakota-trusts">South Dakota-chartered trust company</a>. The state is one of the country&apos;s leading trust jurisdictions, enabling family members and advisors to participate through directed or delegated trusts using protectors and investment and distribution committees. Other advantages include no income taxes or capital gains tax, the strongest asset protection statutes of any state and extremely favorable privacy laws.<br />
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To learn more about trust administration services, contact Sterling Trustees at 605-593-8950.<br />
<br />
About Sterling Trustees<br />
Sterling Trustees is a fee-only trust company located in Sioux Falls, South Dakota. By working independently, the firm allows its clients to avoid the extra costs and conflicts of interest associated with large financial institutions. Sterling Trustees&apos; main goal is to keep assets safe while remaining objective.<br />
<br />
For more information, please visit <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.sterlingtrustees.com" href="http://www.sterlingtrustees.com">http://www.sterlingtrustees.com</a>.</p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/release-3.htm">http://www.releasewire.com/press-releases/release-3.htm</a></p></div><h2>Media Relations Contact</h2><p>Marissa Belko<br />Email: <a rel="nofollow" href="http://www.sbwire.com/press-releases/contact/718056">Click to Email Marissa Belko</a><br />Web: <a rel="nofollow" href="http://sterlingtrustees.com/">http://sterlingtrustees.com/</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=718056&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Fri, 26 Aug 2016 07:00:00 -0500</pubDate>
      <guid>http://www.releasewire.com/press-releases/release-3.htm</guid>
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      <title>Sterling Trustees: What You Should Know About Delegated and Directed Trusts</title>
      <link>http://www.releasewire.com/press-releases/release-3.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p>Conshohocken, PA -- (<a rel="nofollow" href="http://www.sbwire.com/">SBWIRE</a>) -- 06/08/2016 --  Sterling Trustees is a privately held, South Dakota-chartered trust company. This independent trust company provides <a class="extlink"  target="_blank"  rel="nofollow noopener" title="trust administration services" href="http://sterlingtrustees.com/">trust administration services</a> to high net-worth families, foundations, and endowments on an international basis. They pride themselves on being an unbiased independent <a class="extlink"  target="_blank"  rel="nofollow noopener" title="trust management" href="http://sterlingtrustees.com/">trust management</a> company that focuses on preserving assets for future generations. Sterling Trustees will administer both delegated and directed trusts.<br />
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Delegated trusts allow the trustee to delegate the investment management and other responsibilities to third party investment advisors who are qualified investment professionals. A benefit of delegated trusts is that trustees can use exoneration language in a trust document or a separate agreement to protect themselves from fraud or gross negligence on the part of the third party investment advisor. As a delegated trustee, Sterling is responsible for taking ownership of the trust assets, opening and maintaining bank accounts, preparing trust statements, and delegating the asset management to a third party and making distribution decisions. Delegated trusts are valuable for families who want a trustee to make distribution decisions and also allow assets to be managed by best of breed third party advisors.<br />
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A directed trust is a trust in which the trustee is directed by a number of other trust participants in implementing the trust&apos;s directives. Examples of other trust participants include a distribution committee, investment advisor or trust protector. A directed trustee&apos;s role is to follow the distribution and investment instructions.  In addition, the trustee is responsible taking ownership of the trust assets, opening and maintaining bank accounts, preparing trust statements, providing fiduciary and tax accounting.  A directed trust allows a family to gain more control over the investment and distribution of trust funds by appointing people that are close to the family rather than relying on a trustee who may not know the family as well.<br />
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To learn more about the advantages of delegated and directed trusts, visit the <a class="extlink"  target="_blank"  rel="nofollow noopener" title="Sterling Trustees" href="http://sterlingtrustees.com/">Sterling Trustees</a> website or contact this trust administration company at 605-593-8950.<br />
<br />
About Sterling Trustees<br />
Sterling Trustees is a fee-only trust administration firm located in Sioux Falls, South Dakota. By working independently, the firm allows its clients to avoid the extra costs and conflicts of interest associated with large financial institutions. Sterling Trustees&apos; main goal is to keep assets safe while remaining objective.<br />
<br />
For more information, please visit <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.sterlingtrustees.com" href="http://www.sterlingtrustees.com">http://www.sterlingtrustees.com</a>.</p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/release-3.htm">http://www.releasewire.com/press-releases/release-3.htm</a></p></div><h2>Media Relations Contact</h2><p>Marissa Belko<br />Email: <a rel="nofollow" href="http://www.sbwire.com/press-releases/contact/695941">Click to Email Marissa Belko</a><br />Web: <a rel="nofollow" href="http://sterlingtrustees.com/">http://sterlingtrustees.com/</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=695941&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Wed, 08 Jun 2016 07:00:00 -0500</pubDate>
      <guid>http://www.releasewire.com/press-releases/release-3.htm</guid>
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      <title>Sterling Trustees Shares Benefits of Working with a South Dakota-Based Trust Company</title>
      <link>http://www.releasewire.com/press-releases/release-3.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p>Conshohocken, PA -- (<a rel="nofollow" href="http://www.sbwire.com/">SBWIRE</a>) -- 05/06/2016 --  Sterling Trustees, a <a class="extlink"  target="_blank"  rel="nofollow noopener" title="South Dakota-chartered trust administration company" href="http://www.sterlingtrustees.com/south-dakota-trust-advantages.html">South Dakota-chartered trust administration company</a>, recently advised asset owners who are reviewing their trust administration options that location matters. Not only are there benefits to choosing an independent trust administration service, but there are particular advantages posed by working with one based in South Dakota, says Sterling Trustees. The company offers this information to help prospective clients make educated decisions about managing and protecting their assets.<br />
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<a class="extlink"  target="_blank"  rel="nofollow noopener" title="South Dakota trust administration provides valuable asset protection to clients of companies" href="http://www.sterlingtrustees.com/south-dakota-trust-advantages.html">South Dakota trust administration provides valuable asset protection to clients of companies</a> based in the state. This is due to the fact that South Dakota has some of the most flexible and advanced trust and tax laws in the United States. One distinct advantage of a South Dakota-based trust is that the state provides for an unlimited trust duration, as opposed to the limited durations imposed by most states in the country. This prevents the termination of the trust from occurring before the grantor intended.<br />
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Additionally, South Dakota offers state-level tax advantages and savings for grantors and beneficiaries of trusts. The state of South Dakota has no state income tax for trusts, and imposes no additional capital gains, corporate income, interest, personal property, or inheritance taxes. Furthermore, whereas the average state insurance premium tax averages out at 200 basis points, in South Dakota this tax is only 8 basis points, the lowest in the nation.<br />
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Finally, South Dakota&apos;s privacy statutes regarding trusts are some of the most thorough in the nation. Aspects of a trust such as its size, assets, and terms may be kept from public record, and are not required to be publicly filed. If filings containing information about the trust must be filed with the court, they can then be sealed from public view forever.<br />
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View a full list of the benefits of a South Dakota-based trust by viewing Sterling Trustees&apos; whitepaper. Visit <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.sterlingtrustees.com" href="http://www.sterlingtrustees.com">http://www.sterlingtrustees.com</a> to learn more about this independent trust administration company.<br />
<br />
About Sterling Trustees<br />
Sterling Trustees is a fee-only trust administration firm located in Sioux Falls, South Dakota. By working independently, the firm allows its clients to avoid the extra costs and conflicts of interest associated with large financial institutions. Sterling Trustees&apos; main goal is to keep assets safe while remaining objective.<br />
<br />
For more information, please visit <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.sterlingtrustees.com" href="http://www.sterlingtrustees.com">http://www.sterlingtrustees.com</a>.</p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/release-3.htm">http://www.releasewire.com/press-releases/release-3.htm</a></p></div><h2>Media Relations Contact</h2><p>Annaliese Downey<br />Email: <a rel="nofollow" href="http://www.sbwire.com/press-releases/contact/687214">Click to Email Annaliese Downey</a><br />Web: <a rel="nofollow" href="http://sterlingtrustees.com/">http://sterlingtrustees.com/</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=687214&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Fri, 06 May 2016 08:15:00 -0500</pubDate>
      <guid>http://www.releasewire.com/press-releases/release-3.htm</guid>
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      <title>Sterling Trustees: What Clients Should Know About Delegated and Directed Trusts</title>
      <link>http://www.releasewire.com/press-releases/release-3.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p>Conshohocken, PA -- (<a rel="nofollow" href="http://www.sbwire.com/">SBWIRE</a>) -- 04/19/2016 --  Sterling Trustees, a South Dakota-chartered trust company that offers <a class="extlink"  target="_blank"  rel="nofollow noopener" title="trust administration services" href="http://www.sterlingtrustees.com/">trust administration services</a>, recently shared valuable information regarding the differences between delegated and directed trusts. The two types of trusts carry subtle, but distinct, differences in decision factors like risk and fees associated with managing them. "This information will help prospective clients make informed decisions about protecting their investments and assets," according to Antony Joffe, President of Sterling Trustees.<br />
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A delegated trust delegates the responsibilities of investment management to third-party investment managers for which the delegated trustee is responsible for monitoring and managing.  In addition, a delegated trustee is tasked with making distribution decisions. This type of trust typically has increased risk as opposed to a directed trust because of the responsibility of having to monitor the third-party investment advisor as well as discretionary authority to make distributions. For that reason, administrative fees are typically higher than that of a directed trust. <br />
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With directed trusts, as the name implies, the trustee takes direction from third parties that have been appointed by the grantor to take on the role of making investment and distribution decisions.  The allocation of responsibilities among the appointed parties all but eliminates any fiduciary risk for the trustee, which allows them to charge lower fees.<br />
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Directed trusts based in South Dakota, such as those managed by Sterling Trustees, have particular benefits for clients. <a class="extlink"  target="_blank"  rel="nofollow noopener" title="South Dakota has a notably hospitable trust" href="http://www.sterlingtrustees.com/advantages.html">South Dakota has a notably hospitable trust</a> and tax environment, which helps clients to protect their assets. With a firm like Sterling Trustees, clients will also gain the benefits of using an independent corporate trustee who is conflict-free since the firm does not manage assets. Lastly, by appointing third parties to make the investment and distribution decisions, clients can greatly reduce the cost of maintaining a trust in order to protect assets from estate tax or creditors. <br />
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Learn more at <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.sterlingtrustees.com" href="http://www.sterlingtrustees.com">http://www.sterlingtrustees.com</a>.<br />
<br />
About Sterling Trustees<br />
Sterling Trustees is a fee-only trust administration firm located in Sioux Falls, South Dakota. By working independently, the firm allows its clients to avoid the extra costs and conflicts of interest associated with large financial institutions. Sterling Trustees&apos; main goal is to keep assets safe while remaining objective.<br />
<br />
For more information, please visit <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.sterlingtrustees.com" href="http://www.sterlingtrustees.com">http://www.sterlingtrustees.com</a>.</p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/release-3.htm">http://www.releasewire.com/press-releases/release-3.htm</a></p></div><h2>Media Relations Contact</h2><p>Annaliese Downey<br />Email: <a rel="nofollow" href="http://www.sbwire.com/press-releases/contact/681886">Click to Email Annaliese Downey</a><br />Web: <a rel="nofollow" href="http://www.sterlingtrustees.com/">http://www.sterlingtrustees.com/</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=681886&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Tue, 19 Apr 2016 07:00:00 -0500</pubDate>
      <guid>http://www.releasewire.com/press-releases/release-3.htm</guid>
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      <title>Sterling Trustees Simplifies Asset Management and Reporting with Sterling Connect</title>
      <link>http://www.releasewire.com/press-releases/release-3.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p>Conshohocken, PA -- (<a rel="nofollow" href="http://www.sbwire.com/">SBWIRE</a>) -- 03/08/2016 --  Sterling Trustees, a firm that offers independent <a class="extlink"  target="_blank"  rel="nofollow noopener" title="trust administration services" href="http://www.sterlingtrustees.com/trust-management-services.html">trust administration services</a>, believes trustees should not act as money managers, in order to avoid a conflict of interest. Their independence allows them to objectively preserve wealth, ensure that  beneficiaries&apos; needs are met and oversee asset growth for future generations. Furthermore, the fee-only trust administration firm does not receive commissions for sales or brokerage and are not influenced by financial products. As an added benefit to their clients, Sterling Trustees offers a secure portfolio management portal in the form of Sterling Connect, their proprietary trust and accounting system.<br />
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Sterling Connect  has multiple applications for the diverse trust management services that Sterling Trustees offers. The system allows clients working with Sterling Trustees to track assets, including hedge funds, private equity funds, partnerships, real estate, art, aircraft, boats and other non-cash assets. Sterling Connect  generates consolidated reporting on all assets, even in cases where assets are custodied at multiple custodians. Additionally, the system can be used to manage important financial and legal documents online, including wills, trust instruments, tax returns and monthly client statements.<br />
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Sterling Connect &apos;s versatility is key benefit among the objective trust management services that Sterling Trustees offers. Families who rely on Sterling Trustees to coordinate their investment team can take advantage of the system&apos;s comprehensive monthly asset reporting tools, which eliminates the need for managing data in Excel and reviewing numerous statements from multiple custodians.  Firms that call upon Sterling Trustees for private label trust services also benefit from the system because clients can view a privately branded portal for their trust portfolio management.<br />
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Learn about all the advantages of Sterling Connect as well as why Sterling Trustees  is one of the most respected <a class="extlink"  target="_blank"  rel="nofollow noopener" title="South Dakota-chartered trust companies" href="http://www.sterlingtrustees.com/trust-management-services.html">South Dakota-chartered trust companies</a> at <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.sterlingtrustees.com" href="http://www.sterlingtrustees.com">http://www.sterlingtrustees.com</a>.<br />
<br />
About Sterling Trustees<br />
Sterling Trustees is a fee-only trust administration firm located in Sioux Falls, South Dakota. By working independently, the firm allows its clients to avoid the extra costs and conflicts of interest associated with large financial institutions. Sterling Trustees&apos; main goal is to keep assets safe while remaining objective.<br />
<br />
For more information, please visit <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.sterlingtrustees.com" href="http://www.sterlingtrustees.com">http://www.sterlingtrustees.com</a>.</p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/release-3.htm">http://www.releasewire.com/press-releases/release-3.htm</a></p></div><h2>Media Relations Contact</h2><p>Annaliese Downey<br />Email: <a rel="nofollow" href="http://www.sbwire.com/press-releases/contact/670925">Click to Email Annaliese Downey</a><br />Web: <a rel="nofollow" href="http://www.sterlingtrustees.com/">http://www.sterlingtrustees.com/</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=670925&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Tue, 08 Mar 2016 07:00:00 -0600</pubDate>
      <guid>http://www.releasewire.com/press-releases/release-3.htm</guid>
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      <title>Sterling Trustees Offers Investment Oversight for Their Client's Advisors</title>
      <link>http://www.releasewire.com/press-releases/release-3.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p>Conshohocken, PA -- (<a rel="nofollow" href="http://www.sbwire.com/">SBWIRE</a>) -- 02/04/2016 --  Thorough, objective investment oversight is important when confronted with selecting the right company to manage trust assets, which is why Sterling Trustees takes great care to monitor their clients&apos; investment advisors to ensure assets produce growth. By dutifully monitoring their clients&apos; investment advisors, the <a class="extlink"  target="_blank"  rel="nofollow noopener" title="South Dakota-based trust company" href="http://www.sterlingtrustees.com/advantages.html">South Dakota-based trust company</a> brings together estate planning, legal service, tax advice and much more. In addition to working with their client&apos;s existing advisor, Sterling Trustees can also provide a third-party advisor that matches the client&apos;s needs using a wide array of qualifications such as investment style, client&apos;s risk tolerance, size of the trust assets, geographic location and, above all, personality fit. <br />
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Sterling Trustees&apos; wants all of their clients to feel comfortable with their advisors, and they are more than happy to work with their clients&apos; existing investment advisors because they are committed to managing trust assets objectively. If the individual has already established a relationship and partnership with an investment advisor, that is all Sterling Trustees has to hear. Trust is part and parcel to any team, especially when it comes to nurturing trust assets and maintaining their security. If the client is searching for an investment advisor, Sterling Trustees works with large investment banks, independent parties, and more, so that the individual has enough choice and opportunity to meet their specifications for the ideal advisor. <br />
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Sterling Connect is Sterling Trustees&apos; proprietary accounting system that has the ability to monitor advisor performance. With this innovative system, advisors can be evaluated on a monthly, quarterly and yearly basis. Their technology instills a genuine peace of mind in customers that trust assets are under full control. Sterling Trustees quantifies advisor performance based on portfolio index and their value using asset allocation decisions and sub-advisor account selection. These tools allow the company to ensure all trust assets are managed properly by the investment advisor and yield growth for the future.<br />
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In addition to investment oversight, Sterling Trustees&apos; locale provides advantages for potential customers, as <a class="extlink"  target="_blank"  rel="nofollow noopener" title="South Dakota is one of the leading trust" href="http://www.sterlingtrustees.com/advantages.html">South Dakota is one of the leading trust</a> jurisdictions in the country. Having access to advanced trust law allows creditor protection, increased privacy, the lowest premium tax of any state and the elimination of state income and capital gains taxes. South Dakota has special statutes to protect asset trusts as well. The state is spearheading progressive trust legislation by accommodating clients with better security and control with their trust assets.<br />
<br />
To learn more about Sterling Trustees&apos; services, visit <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.sterlingtrustees.com/" href="http://www.sterlingtrustees.com/">http://www.sterlingtrustees.com/</a>.<br />
<br />
About Sterling Trustees<br />
Sterling Trustees is a fee-only trust administration firm located in Sioux Falls, South Dakota. By working independently, the firm allows its clients to avoid the extra costs and conflicts of interest associated with large financial institutions. Sterling Trustees&apos; main goal is to keep assets safe while remaining objective.<br />
<br />
For more information, please visit <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.sterlingtrustees.com" href="http://www.sterlingtrustees.com">http://www.sterlingtrustees.com</a>.</p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/release-3.htm">http://www.releasewire.com/press-releases/release-3.htm</a></p></div><h2>Media Relations Contact</h2><p>Bernard Ollila<br />Email: <a rel="nofollow" href="http://www.sbwire.com/press-releases/contact/662772">Click to Email Bernard Ollila</a><br />Web: <a rel="nofollow" href="http://www.sterlingtrustees.com/">http://www.sterlingtrustees.com/</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=662772&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Thu, 04 Feb 2016 13:04:04 -0600</pubDate>
      <guid>http://www.releasewire.com/press-releases/release-3.htm</guid>
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      <title>Sterling Trustees Offers Objective Asset Administration for High Net-Worth Clients</title>
      <link>http://www.releasewire.com/press-releases/release-3.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p>Conshohocken, PA -- (<a rel="nofollow" href="http://www.sbwire.com/">SBWIRE</a>) -- 01/13/2016 --  There is no better time than the start of the new year to get one&apos;s affairs in order so that peace of mind prevails for the rest of the year. For many high net-worth individuals, this task includes arranging a trust to administer their assets to beneficiaries after they are gone. <br />
<br />
Choosing a trustee to administer one&apos;s assets can be a task fraught with complexities, as individuals should ideally select a trustee that will balance grantor intentions with the needs of trust beneficiaries. Sterling Trustees, a trust administration firm based in South Dakota, can provide objective, fixed-fee trust asset distribution plans free of conflict or personal entanglements.<br />
<br />
The South Dakota-based company offers privately held, independent <a class="extlink"  target="_blank"  rel="nofollow noopener" title="trust management services" href="http://www.sterlingtrustees.com/trust-management-services.html">trust management services</a> to high net-worth families, foundations and endowments. Sterling Trustees is unique and advantageous for its clients in that it only offers asset administration and does not play the role of investment advisor. This ensures that the establishment of a trust is done only with fairness and objectivity, and remains separate from the company&apos;s personal gain. They focus solely on protecting assets and ensuring their growth for future generations. In addition, Sterling Trustees charges a fixed fee based on standardized factors like size, asset types and the complexity of a trust. <br />
<br />
Additionally, Sterling Trustee&apos;s location in South Dakota provides several advantages to clients in the form of advanced trust laws. The industry is strictly regulated in the state, ensuring protection for beneficiaries, more control for clients and protection from creditors. It is not a requirement that trust documents be made public record, which ensures an increased level of privacy. Clients also enjoy greater tax savings with Sterling Trustees; South Dakota collects neither corporate income tax nor state income tax, and does not tax capital gains, intangibles, dividends or interest.<br />
<br />
Learn more about the firm&apos;s <a class="extlink"  target="_blank"  rel="nofollow noopener" title="trust administration services" href="http://www.sterlingtrustees.com/trust-management-services.html">trust administration services</a> at <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.sterlingtrustees.com" href="http://www.sterlingtrustees.com">http://www.sterlingtrustees.com</a>.<br />
<br />
About Sterling Trustees<br />
Sterling Trustees is a fee-only trust administration firm located in Sioux Falls, South Dakota. By working independently, the firm allows its clients to avoid the extra costs and conflicts of interest associated with large financial institutions. Sterling Trustees&apos; main goal is to keep assets safe while remaining objective.<br />
<br />
For more information, please visit <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.sterlingtrustees.com" href="http://www.sterlingtrustees.com">http://www.sterlingtrustees.com</a>.</p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/release-3.htm">http://www.releasewire.com/press-releases/release-3.htm</a></p></div><h2>Media Relations Contact</h2><p>Annaliese Downey<br />Email: <a rel="nofollow" href="http://www.sbwire.com/press-releases/contact/656181">Click to Email Annaliese Downey</a><br />Web: <a rel="nofollow" href="http://www.sterlingtrustees.com/">http://www.sterlingtrustees.com/</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=656181&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Wed, 13 Jan 2016 07:00:00 -0600</pubDate>
      <guid>http://www.releasewire.com/press-releases/release-3.htm</guid>
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      <title>Sterling Trustees Explains the Benefits of Working with a South Dakota-Chartered Trust Company</title>
      <link>http://www.releasewire.com/press-releases/release-3.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p>Conshohocken, PA -- (<a rel="nofollow" href="http://www.sbwire.com/">SBWIRE</a>) -- 07/16/2015 --  As an internationally-respected trust administration firm, Sterling Trustees has been providing objective intermediary services based out of South Dakota since 2008. The company implements grantors&apos; intentions while serving the beneficiaries&apos; needs by carefully developing and managing personalized plans. Their independent model assures objective advice without being influenced by self-serving interests. Sterling is a fee-based firm that derives no commissions from investments. Sterling Trustees administers and manages trusts for clients throughout the United States and internationally.<br />
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To fully explain the advantages of using a South Dakota-chartered trust company, Sterling Trustees has just released an infographic, <a class="extlink"  target="_blank"  rel="nofollow noopener" title="available on their website" href="http://sterlingtrustees.com/resource-and-news.html">available on their website</a>, that emphasizes the following points:<br />
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- South Dakota ranks as one of the United States&apos; leading trust jurisdictions. The state&apos;s Department of Banking strictly regulates the industry in order to ensure its integrity, and has enacted legislation that protects beneficiary interests, as well as powers of appointment. The state also provides creditor protection for self-settled trusts and has the country&apos;s lowest insurance premium tax.<br />
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- South Dakota allows family members and their professional advisors to be involved in roles traditionally held by trustees through directed trusts including trust protectors, investment committees and distribution.<br />
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- South Dakota grants continued ex-spouse and creditor protection for beneficiaries in perpetuity through the provision of trusts with unlimited durations.<br />
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- South Dakota ensures creditor protection for self-settled trusts, enabling clients to retain a level of control and certain disposition rights.<br />
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- South Dakota does not require that trust documents, such as updates and changes to a trust, be made part of public record, thereby providing an increased level of privacy. <br />
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- South Dakota provides for a variety of tax savings. The state does NOT collect state income tax, capital gains tax, intangibles tax, corporate income tax, dividends and interest tax or city or local taxes.<br />
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By basing their trust administration firm out of South Dakota, Sterling Trustees can help their clients leverage the most up-to-date and advanced trust laws available. As an added benefit to their clientele, Sterling Trustees charges a fixed fee for their <a class="extlink"  target="_blank"  rel="nofollow noopener" title="trust management services" href="http://www.sterlingtrustees.com/trust-management-services.html">trust management services</a>. The fee is based on factors unique to each trust – its size, asset types and complexity levels.<br />
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For more information on the benefits of <a class="extlink"  target="_blank"  rel="nofollow noopener" title="South Dakota trust companies" href="http://www.sterlingtrustees.com/south-dakota-trust-advantages.html">South Dakota trust companies</a>, contact Sterling Trustees directly at 605-593-8950 or by e-mail at info@sterlingtrustees.com. <br />
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About Sterling Trustees<br />
Sterling Trustees is a fee-only trust administration firm located in Sioux Falls, South Dakota. By working independently, the firm allows its clients to avoid the extra costs and conflicts of interest associated with large financial institutions. Sterling Trustees&apos; main goal is to keep assets safe while remaining objective.<br />
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For more information, please visit <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.sterlingtrustees.com" href="http://www.sterlingtrustees.com">http://www.sterlingtrustees.com</a></p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/release-3.htm">http://www.releasewire.com/press-releases/release-3.htm</a></p></div><h2>Media Relations Contact</h2><p>Angela Olmeda<br />Email: <a rel="nofollow" href="http://www.sbwire.com/press-releases/contact/610326">Click to Email Angela Olmeda</a><br />Web: <a rel="nofollow" href="http://www.sterlingtrustees.com/">http://www.sterlingtrustees.com/</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=610326&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Thu, 16 Jul 2015 07:00:00 -0500</pubDate>
      <guid>http://www.releasewire.com/press-releases/release-3.htm</guid>
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      <title>Sterling Trustees Strives to Be the Optimum Model for Independence</title>
      <link>http://www.releasewire.com/press-releases/release-3.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p>Conshohocken, PA -- (<a rel="nofollow" href="http://www.sbwire.com/">SBWIRE</a>) -- 04/01/2015 --  Everybody benefits when a partnership is created between a financial advisor who doesn&apos;t administer trusts and an independent corporate trustee who doesn&apos;t manage money. When this is married with an independent custodian it provides a client with a completely segregated solution that can virtually guarantee that situations similar to the Madoff case will never happen with their clients&apos; trust assets. As a respected trust administration firm that provides management services throughout the United States and globally, <a class="extlink"  target="_blank"  rel="nofollow noopener" title="Sterling Trustees" href="http://www.sterlingtrustees.com">Sterling Trustees</a> strives to be the optimum model for independence.<br />
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Unfortunately, most other US firms do not display a comparable commitment to doing business in such a safe and logical way. And identifying the handful of corporate trustees that are genuinely independent can be challenging. While Sterling Trustees strongly believes in the independent structure and will carefully serve each grantor and beneficiary objectively, they realize that this is not always the industry norm.<br />
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According to Robert Testa, who provides quantitative analysis for The Cerulli Report series, "Corporate ownership can be really complicated because trust companies often have different holding companies, and majority/minority ownership is not easily defined." Further complicating matters, statistics are reported on individual entities, without heed to the over-arching ownership, and companies can be either federally or state-chartered. Therefore, it is sometimes difficult to determine the regulatory structure of a company or whether it is managing trust assets or just has them in custody.<br />
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Another downfall of trust companies that manage assets internally, instead of operating independently, is that they try to function as a "one-stop-shop" provider of integrated services. Attempting to streamline operations usually leads to an inevitable conflict of interest and puts the provider at a dangerous crossroads. <br />
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Testa continues by warning, "if the trust company is using all in-house products, alarm bells should go off." He cautions that managing all assets internally can affect a trust company&apos;s independence, and may lead to less rigorous due diligence when making decisions about integrating products into a portfolio, as well as the timeframes for removing them. In the end, Testa advises, the investments should perform well, be diversified and should meet the standards that other funds do, in order to defend the use of all in-house products.<br />
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All trust companies must ask themselves whether they will move assets into better-performing funds to protect the beneficiaries&apos; interests, or if they will allow the bank&apos;s bottom line to rule the day. The principals at Sterling Trustees already know the answer to that question and strive to use their independence to their clients&apos; advantage every time.<br />
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For more information, please contact Sterling Trustees directly at their office. Their South Dakota office can be reached by phone at 605-593-8950 or by e-mail at info@sterlingtrustees.com<br />
<br />
About Sterling Trustees<br />
Sterling Trustees is a fee-only trust administration firm located in Sioux Falls, South Dakota. By working independently, the firm allows its clients to avoid the extra costs and conflicts of interest associated with large financial institutions. Sterling Trustees&apos; main goal is to keep assets safe while remaining objective.<br />
<br />
For more information, please visit <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.sterlingtrustees.com" href="http://www.sterlingtrustees.com">http://www.sterlingtrustees.com</a></p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/release-3.htm">http://www.releasewire.com/press-releases/release-3.htm</a></p></div><h2>Media Relations Contact</h2><p>Angela Olmeda<br />Email: <a rel="nofollow" href="http://www.sbwire.com/press-releases/contact/589673">Click to Email Angela Olmeda</a><br />Web: <a rel="nofollow" href="http://www.sterlingtrustees.com/">http://www.sterlingtrustees.com/</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=589673&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Wed, 01 Apr 2015 07:00:00 -0500</pubDate>
      <guid>http://www.releasewire.com/press-releases/release-3.htm</guid>
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      <title>Sterling Trustees Defines Importance of Independence for Corporate Trustee Services in 2015</title>
      <link>http://www.releasewire.com/press-releases/release-3.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p>Conshohocken, PA -- (<a rel="nofollow" href="http://www.sbwire.com/">SBWIRE</a>) -- 03/16/2015 --  <a class="extlink"  target="_blank"  rel="nofollow noopener" title="Sterling Trustees" href="http://www.sterlingtrustees.com/">Sterling Trustees</a> is a well-respected South Dakota-chartered trust company located in Sioux Falls, SD. The firm provides independent trust management services to clients in the United States and internationally.  <br />
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As 2015 quickly proceeds, our renowned global trust administration organization would love to illustrate a core list of questions that will greatly assist estate planners, accountants, money managers and other centers of influence.  These questions should be the standard questions posed when referring a client to an appropriate trust service. It starts with a simple question that anyone requiring trust services should ask: "Should your trustee also be your investment advisor?"<br />
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This goes to the importance of independence for successful management of Corporate Trustee Services.  What many do not realize, however, is that many trust administrations and organization manage trust administration and the investment advisory role alike for a given trust. <br />
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Unfortunately, many of these companies either actively encourage or fully expect their clientele to take part in their in-house advisory and investment services as well as their financial products, and some make these services and products a pre-requisite of using their trust administration services in the first place. <br />
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This relationship is a classic, crystal-clear example of conflict of interest—a scheme that is allowed unknowingly by clientele that possibly don&apos;t fully grasp the differences between investment advisory services and trust administration services.  Sometimes individuals aren&apos;t fully aware that the option to bring in an independent corporate trustee is always on the table.  Sometimes, people just don&apos;t realize how many trust companies out here that are actually 100% independent.<br />
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Sterling believes its keys to defining the importance of independence will aid those in search of a trust management service greatly, and making their selection of the proper trustee much easier and clearer.<br />
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When many individuals seek trust administration or management, they are looking to estate planners and accountants for answers– to help identify the right company for them. Many of the centers of influence aren&apos;t aware of better and alternative solutions out in the marketplace and often elect to go with a large brand name solution in order to protect their reputation with the client even though they may be knowingly creating this conflict of interest. <br />
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Defining the Eight Keys for the Importance of Independence for Corporate Trustee Services<br />
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According to <a class="extlink"  target="_blank"  rel="nofollow noopener" title="Sterling Trustees" href="http://www.sterlingtrustees.com/">Sterling Trustees</a>, "When clients or their advisors need someone to administer a trust, they should look at more than just the firm&apos;s reputation, state of charter and level of expertise of its officers. They should ask the following questions:"<br />
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- Are you actively investing your assets? Do you exclusively oversee the activities of your money managers, asset growth and investment decisions?<br />
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- Are you providing your services for some kind of fee? Maybe you possibly receive brokerage or sale commissions back from the investment advisors you work with?<br />
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- Is your firm taking advantage of your own services and financial opportunities, or are you going through affiliated organizations?<br />
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- Can the client work with its own independent money manager and custodian?<br />
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- How much time do you typically give for money managers and administrators to prove their worth to you? What kind of metrics and performance measurements are you using to analyze your investment advisors?<br />
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- What type of due diligence do you carry out when working with an advisor?<br />
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- How much reporting do you perform for your clientele? What kind of reports do you do?  How frequently do you report to your clients, and how detailed are they?<br />
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- How many trust accounts do each of your trust officers administer on a yearly basis?<br />
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With these keys, <a class="extlink"  target="_blank"  rel="nofollow noopener" title="Sterling Trustees" href="http://www.sterlingtrustees.com/">Sterling Trustees</a> believes clients will now be better positioned to understand which questions to ask and when its time, making the right choice for their trustee.<br />
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About Sterling Trustees<br />
Sterling Trustees is a fee-only trust administration organization in Sioux Falls, South Dakota. By working independently, the firm allows its clients to avoid the extra costs and conflicts of interest associated with large financial institutions. Sterling Trustees&apos; main goal is to keep assets safe while remaining objective.<br />
<br />
For more information, please visit <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.sterlingtrustees.com" href="http://www.sterlingtrustees.com">http://www.sterlingtrustees.com</a></p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/release-3.htm">http://www.releasewire.com/press-releases/release-3.htm</a></p></div><h2>Media Relations Contact</h2><p>Angela Olmeda<br />Email: <a rel="nofollow" href="http://www.sbwire.com/press-releases/contact/586350">Click to Email Angela Olmeda</a><br />Web: <a rel="nofollow" href="http://www.sterlingtrustees.com/">http://www.sterlingtrustees.com/</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=586350&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Mon, 16 Mar 2015 07:00:00 -0500</pubDate>
      <guid>http://www.releasewire.com/press-releases/release-3.htm</guid>
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      <title>Sterling Trustees Announces Its Keys to Choosing the Right Trustee for 2015</title>
      <link>http://www.releasewire.com/press-releases/release-3.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p>Conshohocken, PA -- (<a rel="nofollow" href="http://www.sbwire.com/">SBWIRE</a>) -- 01/16/2015 --  Sterling Trustees, based in Sioux Falls, SD is a respected trust administration firm, providing trust management services in South Dakota and throughout the entire United States.  For 2015, the nationwide trust administration company is announcing its top keys to successfully choosing the right trustee that they believe is valuable to anyone currently in the market to select the proper trustee for any given family situation.<br />
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According to Sterling Trustees, "the action of choosing a trustee is one of the most significant decisions people will face when establishing a trust. The trustee is responsible for administration of your assets according to the provisions you outline in the trust agreement. Although any individual can be designated to oversee the administration of your trust, even sophisticated individuals or family members often find managing a trust to be burdensome and complex." <br />
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A corporate trustee may be the best option and give several advantages. The 2015 <a class="extlink"  target="_blank"  rel="nofollow noopener" title="Sterling Trustees" href="http://www.sterlingtrustees.com/">Sterling Trustees</a> Keys to Choosing the Right Trustee are:<br />
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Experience<br />
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Corporate trustees typically handle many trusts on a daily basis and are very familiar with applicable legal requirements. They understand the intricacies of a wide range of trust types and have a great deal of knowledge in the administration and investment management of trusts.<br />
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Objectivity<br />
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The corporate trustee is bound by the terms of the trust document and will administer the trust as it is written. In many cases, individual trustees have a tendency to favor one class of beneficiaries over another. It can be difficult for a trustee who is a parent, sibling, relative or friend to act objectively. A corporate trustee benefits from being an outsider who can make decisions free from bias and family dynamics.<br />
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Regulation<br />
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A corporate trustee is subject to many levels of oversight. Internal auditors, external auditors and government regulators all make sure that the corporate trustee carries out the fiduciary duties that have been given to them. This is all for the protection of the trust and its beneficiaries.<br />
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Reliability<br />
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The duties of corporate trustees are not interrupted due to illnesses, vacations or other disruptions that may distract a personal trustee from performing the responsibilities of trustee. Corporate trustees typically have a staff that is well versed in the different trusts that they oversee.<br />
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Tax management and record keeping<br />
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Administering a trust includes filing tax returns, issuing statements and keeping records of trust activity. Most corporate trustees have tax and record-keeping expertise or have contracted with competent preparers, so they are able to handle trusts properly from a tax and reporting perspective.<br />
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Longevity<br />
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Because one of the principal reasons for establishing a trust is to provide for the future, it&apos;s important to remember that an individual trustee will eventually be unable to perform the duties of a trustee. Unlike an individual trustee, a corporate trustee will not predecease you or otherwise be unable to administer the trust. By choosing a corporate trustee, a person helps ensure continuity for the full term of the trust.<br />
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For more information on the Tips For Choosing a Trustee, please contact Sterling Trustees directly at their office.  Their South Dakota office can be reached by phone at 605-593-8950 or by e-mail at info@sterlingtrustees.com<br />
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Sterling believes in the power of independent thinking, and their team of trust officers will carefully serve each grantor and beneficiary. <br />
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Visit <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.sterlingtrustees.com/resource-and-news.html" href="http://www.sterlingtrustees.com/resource-and-news.html">http://www.sterlingtrustees.com/resource-and-news.html</a> and download one of several white papers on the benefits of corporate trustees.<br />
<br />
About Sterling Trustees<br />
Sterling Trustees is a fee-only trust administration organization in Sioux Falls, South Dakota. By working independently, the firm allows its clients to avoid the extra costs and conflicts of interest associated with large financial institutions. Sterling Trustees&apos; main goal is to keep assets safe while remaining objective.<br />
<br />
For more information, please visit <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.sterlingtrustees.com" href="http://www.sterlingtrustees.com">http://www.sterlingtrustees.com</a></p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/release-3.htm">http://www.releasewire.com/press-releases/release-3.htm</a></p></div><h2>Media Relations Contact</h2><p>Timothy Zenno<br />Email: <a rel="nofollow" href="http://www.sbwire.com/press-releases/contact/575108">Click to Email Timothy Zenno</a><br />Web: <a rel="nofollow" href="http://www.sterlingtrustees.com/">http://www.sterlingtrustees.com/</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=575108&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Fri, 16 Jan 2015 13:56:11 -0600</pubDate>
      <guid>http://www.releasewire.com/press-releases/release-3.htm</guid>
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