1.   These may be self-administered by employees or corporate trustees.

2.   A rising trend is the prevalence of corporate trustees.

3.   Every corporate trustee bank that has done a system conversion ends up with some out-of-balance conditions that must be reconciled.

4.   The law was heavily promoted by corporate trustees and estate lawyers, who find clients increasingly concerned about investment performance.

5.   Without the threat of competition, corporate trustees will not be motivated to hire the high-priced talent needed to make trusts into strong performers, Standish said.

6.   Corporate trustees can be relied on to provide a higher standard of care and accountability.

7.   Under such an arrangement, policy owners are advised to assign their policies to the corporate trustee and appoint them by deed.