Trustee Services
Your Best Interest
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The Highest Standard of Care
We leverage our experience and expertise as corporate trustees to assist clients with their fiduciary duties.
Fiduciary Responsibilities & Duties
We currently serve as trustee or co-trustee for approximately 20% of the total assets we oversee and are a named successor trustee for many clients. Fiduciary responsibility involves the highest standard of care and duty of loyalty to act prudently and in the best interest of beneficiaries.
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Understand the Rules
- Invest trust assets appropriately and according to the terms of the trust document and relevant state law
- Educate trustees/co-trustee on roles and responsibilities
Follow a Process
- Properly account for principal and income
- Coordinate with investment managers, tax accountants and attorneys
- Provide mandatory and discretionary distributions to beneficiaries
- Set an investment policy
Ongoing Maintenance
- Perform recordkeeping and documentation
- Assist with tax issues
- Appropriately inform beneficiaries according to statutory requirements