Estate Language

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SUGGESTED ESTATE LANGUAGE

TSG professional trustee as Trustee, Personal Representative / Executor or Agent for Financial Affairs

The suggested language for naming a TSG professional trustee as a fiduciary within the estate documents is:

“[Name of TSG professional trustee], professional fiduciary with the Trustee Services Group, LLC”

Successor to TSG professional trustee

The suggested language for naming a successor fiduciary to a TSG professional trustee is:

“[Trust protector, trusted friend, advisor or majority of trust income beneficiaries] may select another professional fiduciary associated with Trustee Services Group, LLC to serve as the successor trustee”

Successor “Open Architecture” corporate trustee

The suggested language for naming a successor “Open Architecture” corporate trustee is:

“[Trust protector, trusted friend, advisor or majority of trust income beneficiaries] shall work with Trustee Services Group, LLC to identify and select an appropriate corporate trustee who will continue to collaboratively work with the professional advisory team of the trust income beneficiary(ies) to serve as the successor trustee”

“Administrative Agent” in support of family member Trustee

If a family member or close family associate is named as trustee, it is likely that they may be time challenged, inexperienced and/or ill equipped to fulfill their legal responsibilities. If this is the case, Trustee Services Group can help by serving as the trustee’s “administrative agent”.

The suggested language for naming Trustee Services Group as “Administrative Agent” of the family member trustee is:

“To assist with the administrative and accounting responsibilities, the Trustee [shall / may] engage Trustee Services Group, LLC to serve as the Trustee’s ‘administrative agent’.”

  • Capabilities

    Transparency via online access

    State of the art user friendly trust administration software

    Court compliant Fiduciary accountings on demand

    Trust Specialties
    Family trusts
    Charitable trusts
    Special needs trust
    Life insurance trusts