Personal Trust
With an exceptionally high level of professional expertise and personal attention, our Personal Trust Services team works closely with you (and, if applicable, your tax advisor, attorney, or other advisors) in asset management for trusts, estate settlement, and comprehensive trust administration services. Greenleaf Trust will act as sole trustee, co-trustee, agent for trustee, or successor trustee for virtually every type of personal trust. Among these are: Living Trusts, Charitable Trusts, Irrevocable Trusts, Marital and Bypass Trusts, and Qualified Terminable Interest Property Trusts.
The duties of a Greenleaf Trust trustee include, but are not limited to:
- Oversight of investment assets in conjunction with our research team
- Oversight of and potential liquidation of certain assets (e.g. real estate)
- Coordination of proper tax filings, tax returns, and delivery of appropriate information to trust beneficiaries
- Making discretionary decisions as permitted by specific trusts to make distributions to beneficiaries
- Consistent and professional contact with all parties having beneficial interest in a trust
Greenleaf Trust provides additional services, such as:
- Custody and safekeeping of all trust assets
- Account recordkeeping
- Bill payment and distributions
- Principal and income (trust) accounting
- Evaluate legacy issues
- Explore philanthropic ideas and methods
- Extensive and customized investment management services
- Socially responsible investing
- Estate settlement and administration services
- Coordination with your tax advisor, estate planning attorney and other trusted advisors
