Our work.
Our work is your work. We provide Trustees peace of mind and confidence with a fixed price engagement providing primarily three services.
trust accounting
A Trustee is required to keep and provide a trust accounting to the trust beneficiaries on an annual basis. This report is basically a numerical report card of the trust. We make the process of keeping and providing this accounting easy for the Trustee.
We also assist the Trustee in calculating trust income distributions to the beneficiary.
We also assist the Trustee in calculating trust income distributions to the beneficiary.
Trust Tax Preparation
A Trustee is also required prepare and file annual fiduciary tax returns. Trust tax returns are complex tax filings that rely upon federal tax rules as well as state trust laws to be prepared. These returns result in a K-1 issued to the beneficiary that allows them report their share of distributed trust income on their personal tax returns. We relieve all the stress of tax preparation the Trustee feels and provide a professional return prepared for you.
Trustee education
Very few Trustees know how to be a Trustee when they are first tapped to become one. The new Trustees we meet are often overwhelmed and worried about messing things up. They have no idea that they can be personally liable for those mistakes. We believe in the power of education. Educating and training a new Trustee (and providing refreshers for the experienced ones) allows them to learn their fiduciary duties and how to perform their role with confidence. We empower the Trustee with education via convenient online training and live small group workshops. We also provide written educational materials to help Trustees stay fresh and competent.
How we work
We are a virtual firm, meaning we don't have fixed office space for you to come to. We cut out your commute and support you through telephone, email, video and video conference calls. Our team works remotely so we can best serve you.