‹ Fiduciary Services

Trustee of Trust

We are qualified to serve as Trustee of various types of trusts established by one or more persons (the Trustor) including Revocable Living Trusts, Irrevocable Trusts, Educational Trusts, Special Needs Trusts, and Insurance Trusts. As Trustee our primary focus is the management of trust assets in accordance with the terms of the trust agreement and for the benefit of and best interests of the trust beneficiaries. These responsibilities may include:

• Identifying, securing and taking possession of trust assets
• Managing rental properties held in trust
• Selling assets as necessary or required
• Identifying and verifying outstanding debts and obligations
• Following the trustor's death, identifying and addressing decedent's outstanding income tax liabilities
• Determining applicability of federal estate tax requirements
• Periodically communicating with trust beneficiaries regarding status and progress of trust administration
• Preparing accountings of the trust's financial activities
• Pursuing or defending legal actions involving the trust
• Addressing other financial, legal and tax issues that might arise
• Arranging for the distribution of assets in accordance with the terms of the trust

"When my dear friend Marie passed away Marilyn became the Successor Trustee of her Trust. I was one of the beneficiaries of Marie's Trust. From day one, until the final distribution, Marilyn kept us informed and let us know what to expect, was available for clarifications, and when dealing with obstacles and personalities, she was impartial, diplomatic and most of all always professional."

H. Arteaga