The administrative duties of a trustee are time-consuming and challenging. When someone agrees to be a trustee it is often the result of a long relationship with the trust’s creator.
We get it, trusted friends are invaluable and feel like the “right” choice but choosing our experienced experts is the better choice. By appointing Byline as your agent, trustee, or executor of the estate:
You—Retain fiduciary control
We—Provide expert guidance, handle administrative duties, custody asset and make directed distributions. We maintain discretionary distribution records, detailed tax reporting, and provide internal investment management services.
Byline will also:
- Meet obligations to the current and future trust beneficiaries
- Invest the trust’s assets based on established rules
- Manage records and taxes