Trustees have the fiduciary responsibility to manage the assets of your personal trust for the benefit of the beneficiaries. A trustee’s responsibilities may include:
Accounting Duties
Paying bills, retitling assets
Record Keeping
Tracking investments including real estate, maintaining records, collecting dividends, and rents
Estate Settlement
Preparing tax returns, paying creditors
Overseeing Finances
Evaluating and distributing money per the terms of the trust
Management of Unique Assets and Real Estate
Maintaining copyrights, patent rights, farm holdings, oil and gas interests, and working with property managers
Distribution of Assets
Allocating property according to the trust terms
Maintenance and Transfer of Real Estate
Obtaining titles, deeds, and appraisals as needed
LEARN MORE ABOUT PERSONAL TRUSTS
Speak to a Christian Financial Advisors® financial advisor about a personal trust by calling (830) 609-6986
* Trust services provided through Advisors Private Wealth Trust. Advisors Private Wealth Trust is a corporate trustee offering exclusively for advisors who work with TD Ameritrade Institutional through a strategic relationship with National Advisors Trust Company, FSB. Advisors Private Wealth Trust is a Trust Representative Office of National Advisors Trust Company, FSB (NATC). TD Ameritrade and NATC are separate and unaffiliated companies and are not responsible for each other’s policies and services.
** Information obtained from TD Ameritrade, Inc., member FINRA/SIPC https://www.tdameritrade.com
