Relief from administrative details and continuity are the major reasons for:

Question

Quizplus · Accepted Answer

Naming a financial institution as a trustee provides relief from administrative details and ensures continuity due to the institution's expertise and longevity in the industry. This option also offers convenience and complete services for trusts. Trust acceptance and trustee termination are not relevant reasons for naming a financial institution as a trustee.

Relief from Administrative Details and Continuity Are the Major Reasons