Bank trust departments, also referred to as corporate trustees, provide professional management to the administration of California trusts. People may choose to name a bank to act as successor trustee when they can no longer manage their own assets, either because they don’t have family members they can count on to handle assets or because they don’t want to burden family members with the role. Sometimes family members or a court may appoint a bank to take the place of an acting trustee as a means to resolve disharmony amongst the parties.
Alysia Corell joins us here to share her experiences as a trust officer. Alysia grew up in the Mt. Shasta area of Northern California and traveled south to attend San Diego State University where she majored in communications. She began to work in a bank trust department in 2003 and became a Certified Trust and Financial Advisor in 2008. She is a past president and current member of the Sacramento Estate Planning Council and a member of the South Placer Estate Planning Council. In 2018 Alysia joined the trust department of Exchange Bank. Continue Reading