Trust Administration

Trust Services

Springs Valley Financial Advisory Group professionals will work with your attorney, accountant, and other advisors to create a trust that will carry out your wishes during life and at death. This will include controlling how your assets are left to your beneficiaries, which may include your dependents and charities.

We can act as your Trustee, Successor Trustee or Investment Advisor to your Trustee. Through these different roles, we can administer the trust on your behalf or step in and administer the trust assets when you are not able or at your death. Or, we can simply manage the investment of your trust assets. You will have peace of mind knowing that your family will have professional assistance during this emotional time in their lives. Your Trustee will not only be responsible for the day-to-day administration of your trust, but will also take care of distributions, accounting and tax reporting.

There are many benefits to having Springs Valley Financial Advisory Group serve as your Trustee which include:

• Springs Valley Financial Advisory Group has experience in the trust area. We will administer accounts including safekeeping assets, controlling and monitoring discretionary distributions, record keeping, accounting, coordinating preparation and filing of tax returns and bill paying.
• Springs Valley Financial Advisory Group is experienced in investing in a wide variety of assets and has many investment vehicles available to meet your goals and objectives.
• Springs Valley Financial Advisory Group will follow trust instructions included in the agreement objectively and faithfully. A corporate outside party is handling the trust to take care of the grantors and the named beneficiaries. This avoids conflicts of interest between family members and favoring certain heirs.
• Springs Valley Financial Advisory  Group is subject to banking rules and regulations. Examiners and independent auditors visit our office and review accounts on a regular basis and expect higher standards from corporate trustees than individual trustees.
• Springs Valley Financial Advisory Group is ongoing; it does not become ill or die.
• Springs Valley Financial Advisory Group can minimize family problems. Money can change people’s attitudes and behavior. Jealousies can arise if one member is assisting mom and dad and others are wondering where the money might be going. Leaving one or two members with all the responsibilities may not be fair to them.
• Getting rid of the worry of record keeping, investment decisions, tax returns, and an organized estate plan provides people with peace of mind.

The services of a corporate trustee are generally worth the expense. Misplaced assets, family issues, money management, record keeping, and peace of mind all have a cost.

Trust and Investment products are not deposits

• not insured by the FDIC;
• not a deposit or other obligation of, or guaranteed by, the depository institution;
• may lose value - subject to investment risks, including possible loss of the principal amount invested.