“Think of naming a trusted contact person like wearing your seat belt. You may take 10,000 car trips and never need your seatbelt. But you put it on anyway, every time you ride in a vehicle, just in case. The trusted contact person is like a seatbelt. You may never need it, but its good to have one. Just in case.
If you would like to name a trusted contact person on your investment accounts, speak to your investment advisor. It won’t cost you a dime, but it could save you a fortune.”