As the capstone to your
asset protection & estate planning needs, the vast majority of Delaware Statutory
Trusts can be managed by the average investor or novice doing what you are doing
currently.
However, as your holdings
progress to larger and more sophisticated opportunities, being a trust administrator
can be a more challenging job. In
addition to taking care of important issues that affect the trust, you are also
responsible for a variety of tedious accounting & administrative tasks.
Since accuracy is mandatory
& details often overwhelming, many trust administrators, lacking time,
systems, or experience to be proficient, seek comprehensive trust accounting &
administrative services.
BACK-OFFICE & TRUST ADMINISTRATION SERVICES
We Can Expertly Handle Your Accounting & Administrative Duties, Freeing You Up To Focus On Your Responsibilities As A Trustee. Our Personalized Services, Together With Our Commitment To Quality & Integrity, Allow You To Be The Best Possible Steward For The Assets In The Trust.
Administration
Bill payment & processing
Calculation & payment of distributions
Processing subscriptions, redemptions & capital calls for alternative investments
Deposit checks, wires and ACH transactions
Accounting
Financial accounting
Investment accounting
Cash and investment account reconciliation
Fee
calculations
Performance
calculations & analytics
Financial Controls
Financial controls on
cash dispersals
Cash flow
projections
Setup
control system at bank
Monitor
financial transactions
AML
compliance if needed
Monitor important deadlines
Asset Management
Processing transfers of assets
Real & tangible personal property asset valuations
National repair, renovation, inspections & maintenance services
Real estate & automobile title administration
Reporting & Records
Financial & performance reporting
Producing 1099s;
e-filing to IRS on behalf of the trust
Maintain detailed records of everything that happens
in the trust
Store all important documents in an online vault for easy access / retrieval
Liaison
Communications with
beneficiaries, vendors & related parties
Interfacing with tax
preparers & other professional service providers
Real estate broker selection
Attorney trust services
Code violation management
Trustee Management Services, LLC
302.351.4928
info@detrustee.com
122 Delaware Street 2nd Floor New Castle, Delaware 19720
1201 N. Orange Street Suite 7535 Wilmington, Delaware 19801