Trustee Services

Executor Services offers Trustee Services for clients who are looking for assistance with their estates from a professional independent Trustee to manage a trust. Allow Executor Services to provide Trustee services to make sure your legacy is implemented in accordance with your intent providing peace-of-mind to family members. 

A trustee can be someone you know, but it might be best to find someone with experience. They should understand the trust being set up and know what their responsibilities are.

A trustee administers a trust based on the instructions left by the grantor. This can include communicating with beneficiaries, allocating funds to investments, distributing payments according to instructions, and much more.

Trustee Responsibilities:

Act as the fiduciary: 

The role of the trustee is to ensure the trust is administered following the grantor's wishes.

Ensure the safety of the assets: Accounting for the funds and assets within the trust and understanding who the beneficiaries are and what their rights are. Trustees also ensure trust assets are kept separate from other assets.

Administer the trust: Keeping records of all transactions and distributing assets as required.

File reports: Reporting to state and federal regulators as required and keeping the beneficiaries updated.

Make decisions: A trustee will be required to make decisions about the assets from time to time as circumstances change. The decisions must align with the grantor's wishes.

Invest: Any investable assets must be invested, allocated, or adjusted as needed per the wishes of the grantor.

Communicate with beneficiaries: Trustees will initiate communication with the beneficiaries, not wait for contact. Emails, phone calls, or other methods will be used to check-in. Beneficiaries will clearly understand the grantor's wishes for the trust, and the trustee will be prepared to answer questions.

Executor Services will serve as a trustee to manage and administer trusts associated with your estate plan. 

                               Contact us for more information or a free consultation