Trust Administration

Preserving Your Legacy

Making sure the financial security you’ve built is preserved well into the future, for both you and generations of loved ones, is what our trust services are all about. We put your objectives first and develop a roadmap to achieving them, leaning on time-tested experience and expertise. We handle the hard work so you don’t have to. Creating a lasting legacy has never been so easy. Start to simplify and secure your wealth with Trust Point’s Trust Administration services today.

Making Decisions
Through Communication
and Insights

Trusts are our namesake for a reason. We started as a trust company over 110 years ago and in that time, we’ve developed a variety of trust services and best practices that have led our clients to their financial goals. We are constantly keeping ourselves up to date on the laws and regulations that could impact your trust, so we can communicate with you on how to address any challenges that you may face when it comes to your financial management and security.

Our Trust
Administration Services

We want to help you not only establish and build your trust, but also maintain it. Our team works to ensure that even the most complex trust is administered appropriately. Trust Point has a team of highly experienced professionals, and as a corporate trustee we offer the following advantages:

Professional Investment Management

As a fiduciary, we will prudently invest the assets of the trust in the best interest of the beneficiary(s). All our investment strategies are tailored to each client’s specific needs and wishes.

Easing the Process

Working with trusts can be a complicated and daunting process. We are an independent fiduciary bringing neutrality and objectivity to save your loved ones from dealing with the complexities. We do the heavy lifting, providing both expertise and assurance, while helping to maintain the family harmony.

Handling Legal and Regulatory Requirements

When it comes to the administration and investment of a trust, we take on the responsibility. From complying with legal requirements to keeping detailed records, we will give you peace of mind knowing your trust is being maintained.

Continuity

A trust may last a lifetime or longer. Age, illness, or death can prevent an individual from fulfilling the duties of trustee. Trust Point has served beneficiaries for over a century. We provide stability and uniformity from generation to generation.

Do you Need a Corporate Trustee?

If you have a large estate with diverse assets and complex tax considerations, you might benefit from a corporate trustee.

Learn More

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Trust Administration FAQs

What does a trust administrator do?

A trust administrator is responsible for managing and carrying out the instructions outlined in a trust document after it becomes effective. Their role may include gathering and protecting assets, paying bills and taxes, keeping accurate records, communicating with beneficiaries, making distributions according to the trust’s terms, and coordinating with attorneys and tax professionals when needed. Trust Point provides professional trust administration services, helping families carry out their wishes while reducing the administrative burden on loved ones.

When should someone consider using a corporate trustee?

A corporate trustee may be a good choice if you want professional, impartial management of your trust and confidence that your wishes will be carried out over the long term. This can be especially beneficial for larger estates, complex family situations, diverse assets, or trusts with significant tax and estate planning considerations.

A corporate trustee is a trust company or bank trust department that you appoint to manage your trust. Depending on your needs, it may serve as a co-trustee, successor trustee, or investment agent. Because corporate trustees administer trusts every day, they have experience with fiduciary responsibilities, trust administration, tax reporting, and estate settlement.

Unlike an individual trustee, a corporate trustee provides continuity and objectivity. Trust Point’s trust professionals help families by providing long-term fiduciary oversight and carrying out the wishes outlined in the trust document.

What are the benefits of having an independent fiduciary administer a trust?

An independent fiduciary helps ensure that a trust is administered objectively and according to the wishes outlined in the trust document. Unlike an individual trustee who may have personal interests or family dynamics to navigate, an independent fiduciary is focused solely on carrying out the responsibilities of the trust and acting in the best interests of its beneficiaries.

An independent fiduciary can provide professional trust administration, impartial decision-making, continuity across generations, and experience with complex tax, legal, and estate matters. This can help reduce the administrative burden on family members while minimizing the potential for disputes among beneficiaries.

At Trust Point, our trust professionals serve as independent fiduciaries, helping families preserve wealth, protect legacies, and administer trusts with care, consistency, and long-term perspective.

Can Trust Point help administer complex or multi-generational trusts?

Yes. Trust Point has extensive experience helping families administer complex and multi-generational trusts. Whether a trust is designed to provide for children, grandchildren, charitable organizations, or multiple generations of beneficiaries, our trust professionals help carry out the trust’s wishes while providing consistent fiduciary oversight and administration.

A key part of our approach is next generation education. We believe that preparing future generations to be responsible stewards of family wealth is an important part of preserving a legacy. Through ongoing communication and education, we help beneficiaries better understand the purpose of the trust and the responsibilities that come with it.

Why Trust Point?

Trust Point professionals are well versed at working objectively with all stakeholders. Our neutrality ensures we always act in the best interest of the trust and its beneficiaries. Most importantly, we understand that trusts are built to last. We provide stability and uniformity spanning generations. Learn how we can establish a lasting legacy for you and the people you care about most.