Any trustee faces numerous responsibilities and liabilities when serving as a fiduciary.  For individual trustees, the duties of serving as a fiduciary could be more complex and onerous when access to administration, investment and tax services are not readily available.  First State Trust’s Trustee Assistance Program supports the fiduciary duties of trustees with a comprehensive, “back-office” package of services, including:

• Custodial (through approved sub-custodians) and trust accounting services
• Accurate and relevant principal and income trust accounting
• Beneficiary distributions (as directed by the trustee) and accurate recordkeeping
• Bill-paying services
• Tax preparation services (signature-ready for trustee)
• Dedicated Trust Specialist monitoring and support
• Online access to trust accounts, statements and ad-hoc reporting function

If you are a Law Firm, CPA, or other Professional serving as Trustee, click here for information on utilizing our Trustee Assistance Program in conjunction with your professional trustee services.