The Trustees Group: Appointing the Right Trustee and Successor Trustee over Your Private Family Trust When planning for the distribution and management of assets after one’s passing, individuals often weigh various strategies, including the creation of private family estate trusts. While such trusts can offer benefits, a strong argument can be made for prioritizing the…
The Genesis of The Trustees Group Long before he founded The Trustees Group, Kevin Singer worked on multiple projects administering homes, businesses, assets, and trusts for the court system in California, Arizona, and Nevada. As a court receiver, Mr. Singer helped hundreds of individuals keep their businesses running while they waited for the court system…
Planning for Your Family’s Financial Future: The Family Trust If you care about your family’s financial future, you undoubtedly know the importance of financial planning. While often difficult and sometimes emotional, proper and careful planning can make the difference between protecting your family’s assets or seeing them fall victim to taxes, creditors, divorce, or bad…
When planning and creating your trust, especially if your trust is predominantly comprised of real estate assets, it’s important to make sure the trustee you engage has a background managing these assets. By hiring an experienced trustee, you are protecting the value of the assets in your trust. If you choose an inexperienced trustee, one…
Beneficiaries Don’t Always Get Along Every day we come across attorneys whose clients are fighting over money. In most cases it’s not even money they worked for; it’s money they inherited. Oftentimes, the money, and other assets, are held in trust for the family. Usually, the family’s parents or grandparents worked very hard to accumulate…
What is a Successor Trustee? When it comes to an irrevocable trust, a successor trustee is a lot like an understudy at a Broadway play. The successor trustee’s involvement only comes into play if and when somethings happens to the trustee named in the original trust documents. While it’s a good idea to specifically name…
If you’re a financial advisor, we want to work with you. Rest assured, there is no conflict of interest and we work exclusively in the area of trust administration. We are not financial advisors and we are not in the business of investing funds for our clients. We always refer our clients to trusted financial…
Family trusts require a very special administrative trustee in order to make sure that all the family beneficiaries are treated fairly and to make sure that everyone gets along. It’s not uncommon for family members, who are also beneficiaries to the trust, to have issues with one another that can lead to tension and conflict….
If you’re an attorney, we want to work with you. We are professional administrative trustees that focus on corporate and family trusts. We are problem solvers and a trusted resource to many. We are not financial planners nor are we investment advisors seeking to generate fees from your client’s trust assets. When you work with…