Acting as a trustee can be incredibly stressful and overwhelming. Maybe you simply aren’t ready for the responsibilities that come with the role of managing a trust. Maybe you’re dealing with your own feelings of grief and loss, or maybe you have limited financial experience. Sandy Spring Trust is here to help.
Our Trustee Support Services are specifically designed to help individuals through the entire trust-management process, making sure that the family’s wishes are always the determining factor in any decision. We provide support by:
- Ensuring the trust is properly funded and that trust assets are correctly titled
- Coordinating with your legal adviser on any changes to the estate-planning laws
- Creating an action plan to deal with the partial or full incapacity of the initial trustee
- Ensuring a smooth transition between trustees
- Protecting successor trustees from potential friction and even litigation
- Providing asset-management, tax-planning and estate-planning support