Trust Services: Trust & Estate
Beacon Trust offers its clients highly professional planning and administration services for trusts and estates. By selecting Beacon Trust as your executor or trustee, you are assured of the highest professional standards, impartiality, and permanence in the management of your financial affairs.
As executor of decedents’ estates, we work with the estate attorney to collect and value estate assets, settle claims, prepare and file estate and inheritance tax returns, and distribute remaining assets to heirs or trustees. This service also includes the management of an investment program commensurate with estate needs and post-mortem tax planning to reduce taxes by utilizing advantageous tax elections.
As trustee of a testamentary trust or trust under agreement, we safe-keep the assets of the trust and facilitate the desires of the testator or grantor in accordance with the provisions of the trust.
We develop, after consultation with the beneficiaries of the trust, an individual investment strategy to create a trust fund to produce the required income and growth. The exercising of discretionary powers concerning income or principal of the trust fund is carried out with a view to family needs.
Agent for Executor, Trustee or Guardian
Beacon Trust is prepared to serve as an agent for the named executor, trustee, or guardian of property. Our services encompass the safekeeping of assets, tax preparation, and investment management consultation.