 |
|
Introduction | Asset Management | Recordkeeping/Reporting | Tax/Compliance
The trustee of your personal trust has a fiduciary duty to exactly follow the instructions you and your attorney include in a trust agreement. This involves the management, use and eventual distribution of the assets in the trust. Throughout the trust's term, the trustee is obligated to manage the assets only for the benefit of the beneficiaries you select for the trust, which may include yourself as the Grantor. The trustee is also responsible for compliance with legal, tax, statutes and regulations governing your trust.
As a professional fiduciary, Guardian Trust Company offers the experience, financial resources, administrative capabilities and stability needed to properly administer your account.
Asset management services provided by Guardian Trust Company include:
 | Assigning a professional Trust Officer to administer your trust or qualified plan. This individual has trust and estate administration experience. |
|
| Establishing, executing and monitoring an appropriate investment objective for the assets held in your account. |
|
| Providing professional investment management through either a separate account management program, a mutual fund investment program, a tax efficient customized bond portfolio or a combination of all programs. |
|
| Assuring that disbursements from the account are made in accordance with the underlying agreements including the calculation of all Required Minimum Distributions ("RMD"). |
|
| Generating sales of assets to provide for distributions in discretionary accounts or working with clients to generate sales for non-discretionary accounts. |
|
| Holding assets for safekeeping and assuring prompt collection of income and/or principal for credit to the account. |
|
| Valuing assets transferred to the account and investing them in accordance with the underlying agreements including the Investment Policy Statement. |
|
| Sweeping uninvested cash balances into a money market mutual fund on a daily basis. |
|
Recordkeeping and reporting services provided by Guardian Trust Company include:
| Maintaining physical records of the trust agreement, related documents and correspondence |
|
| Retaining records of all trust activity |
|
| Issuing statements that reflect distributions, transactions, asset activity and market values |
|
| Issuing performance reports for qualified accounts |
|
Tax and compliance services provided by Guardian Trust Company include:
| Assisting you, your attorney and other financial advisors in creating the governing agreements (trust, will, IRA.) |
|
| Maintaining securities tax data such as tax costs, acquisition dates and tax lots |
|
| Supervising and monitoring investments to ensure compliance with the Internal Revenue Code and IRS rules and regulations |
|
| Managing account assets in a tax-sensitive manner |
|
| Preparing and filing of federal and state tax returns |
|
| Preparation and filing of federal withholding taxes |
|
| Providing K-1 tax reports or 1099's of taxable income to beneficiaries or account owners |
|
As a professional Trustee, Custodian or Agent, Guardian Trust Company is held to the highest fiduciary standards. By naming Guardian Trust Company as your fiduciary, you can be confident knowing that the management and administration of your account will be accomplished in an effective and efficient manner.
..  .. | |
|
Guardian's Complete Product Portfolio
| |
| |
|
