Having someone you trust that knows you and your financial situation well to carry out your estate and trust plan is a key step to ensuring that your goals and objectives for your wealth are maintained and reflect your values. Our solutions can offer assistance with a wide range of circumstances including helping with a special needs beneficiary, managing trust assets, settling an estate, and many more.
Choosing the right person or institution who can navigate the duties for your trust or estate can make all the difference in meeting your family’s investment and estate planning goals.
| Trustee | Executor/Personal Representative | Guardian/Conservator of the Estate |
|---|---|---|
| A person, bank, or trust company that holds and administers trust property for the benefit of a third party. Trustees can prepare and file tax returns, make distributions to beneficiaries, and manage all assets. | A person appointed to carry out the directions in someone’s will and transfer the property according to his/her wishes. | A person or institution appointed to manage assets of a minor or incapacitated adult under the direction of an applicable court. |
| Trustee |
|---|
| A person, bank, or trust company that holds and administers trust property for the benefit of a third party. Trustees can prepare and file tax returns, make distributions to beneficiaries, and manage all assets. |
| Executor/Personal Representative |
|---|
| A person appointed to carry out the directions in someone’s will and transfer the property according to his/her wishes. |
| Guardian/Conservator of the Estate |
|---|
| A person or institution appointed to manage assets of a minor or incapacitated adult under the direction of an applicable court. |
Individuals often name close friends or family members as trustee for their personal trusts, but this role can weigh heavy on your loved ones at a time that is already difficult. We work with you and your attorney to guide you through the process of creating a trust that can be administered as you intended and in your loved ones’ best interests. Roles we can fulfill:
Ronald Blue Trust’s experienced estate settlement administrators will help you locate, transfer, and safeguard the assets your loved one accumulated over the years. We’ll also manage and liquidate the assets as needed, taking into account the tax consequences.
Estate Planning includes building an estate during your lifetime with a goal of ensuring that the assets in your estate are stewarded in a manner that meets your goals and objectives, and will be passed to your beneficiaries in a thoughtful way. It allows you the opportunity to preserve and control the purpose and distribution of your wealth during life and at death.
Guided and assisted by your Ronald Blue Trust advisor, you can create a strategy for your estate and legacy plan that is designed to empower subsequent generations and reflect your values and principles.
Ronald Blue Trust and its employees and affiliates do not provide legal or accounting advice or service. Work with your attorney or accounting professional for such services.
If you answered “yes” to any of these questions, let us discuss how we can help.
