ITA has been formed by a group of professionals who serve as trustees and also provide ancillary services for serving Trustees and those who work in the Trust industry.
The reason the founders came together to form ITA is their desire to set a high bar of professionalism for those who wish to serve as an Independent Trustee, and provide dedicated, faithful service to the beneficiaries they have been asked or appointed to serve.
In addition to the ITA Code of Ethics, the founders have established a set of best practices that all ITA members are expected to follow in the course of their duties as Trustees. Those best practices are as follows:
Compliance With Applicable Law
The trustee shall comply with all local, state, and federal laws, regulations, and requirements developed by ITA as a minimum guide for the fulfillment of the fiduciary duties.
The trustee shall seek competent professional advice whenever appropriate and in the best interests of the beneficiary.