Directed Trusts

With Directed Trusts, control over the assets remains with an advisor, while Advisors’ Trust Services administers the trust itself. In this situation, advisors can increase assets under management by offering trust services and build multi-generational relationships as assets pass on to heirs and beneficiaries. Clients remain with an advisor who is familiar with their history, dynamics, risk tolerances and financial plans, while we provide full-time dedicated trust specialists that can serve throughout the life of the trusts.

ROLES

Advisor Client IST
  • Appointed as trust’s Investment Advisor
  • Manages assets based on trust’s investment guidelines and objectives
  • Has complete investment independence and discretion
  • Continues to serve as primary advisor for client relationship
  • Appoints Advisor as investment management fiduciary
  • Appoints IST as directed Corporate Trustee
  • Receives distributions specified by the trust
  • Receives statements and tax reporting information from trustee
  • Appointed as Corporate Trustee
  • Handles administration as outlined by trust
  • Makes distributions to beneficiaries
  • Reviews requests for distributions of principal
  • Keeps records and produces statements
  • Files trust’s tax returns