Naming your friend or relative to act as your executor or successor trustee after your death is no longer a simple, honorary designation; it is a serious and burdensome responsibility.
Examples of what an executor must do during a very difficult period, are: locate, safeguard, and manage all of your assets, keep complete and accurate records, pay your last bills, including handling health insurance claims, negotiate complex income and estate tax rules, provide accountings to all legatees, and act as advisor to your family or legatees.
When serving as your executor or successor trustee, we can offer unbiased, professional guidance to your family while easing the administrative burden of settling your final affairs. We can help ensure that your wishes are carried out as quickly and efficiently as possible.
Summary
- Unbiased, professional advice
- Relieve the administrative burden on your family
- Collect, safeguard and manage assets
- Pay all bills and claims
- Minimize income and estate taxes
- Transfer of real property and real estate
Please feel free to contact us to discuss how your family might benefit from the use of our Estate Settlement Services.
For information on Personal Trust Services, click here
Legal, investment and tax notice: This information is not intended to be and should not be treated as legal advice, investment advice or tax advice. You should under no circumstances rely upon this information as a substitute for obtaining specific legal or tax advice from your own legal or tax advisers.
FNBC Bank & Trust Wealth Management offers investment products that are not a deposit, not FDIC insured, not insured by any Federal Government Agency, not guaranteed by FNBC Bank & Trust, and may lose value.