Trust Services

A trustee is responsible for managing trust assets, maintaining records, and ensuring compliance with the trust agreement. At AWM&T, our fiduciary professionals handle:

• Accurate recordkeeping and tax reporting

• Communication with beneficiaries

• Manages trust assets in accordance with the trusts terms

• Oversight of investments and unique assets

• Coordinates with professionals for specialized needs

• Executes your wishes as outlined in the trust

Trusts can take effect during your lifetime (living trusts) or upon your death (testamentary trusts).

Common trust types include:

• Revocable Living Trusts – Flexible and amendable during your lifetime

• Irrevocable Trusts – Permanent agreements offering tax advantages

• Special Needs Trusts – Provide tailored oversight for vulnerable beneficiaries

• Testamentary Trusts – Created through your will and activated upon death

A beneficiary is the person or entity designated to receive assets from a trust. You can provide detailed instructions on how and when assets are distributed by the named trustee.

Yes. Through our expanded partnership with SS&C we provide:

• Property oversight and maintenance

• Annual valuations and compliance reviews

• Vendor selection and capital improvement coordination

• Sale facilitation and financial transfers

Yes. We provide comprehensive SNT administration, ensuring compliance with state and federal regulations while safeguarding benefits eligibility for the beneficiary.

We only accept trustee appointments as part of an ongoing relationship. Typically when we manage assets during the grantor’s lifetime and/ or continue management and oversight of trust assets after death.

Our trustee fees are competitive and transparent. Fees vary based on asset types included in the trust. [Insert updated trustee fee schedule link here once provided.]

We leverage SS&C InnoTrust for trust accounting and administration, integrated with Black Diamond for client reporting and online access. These tools provide real-time transparency and secure document sharing.

Yes. With support from our legal advisory partners, we guide families through the trust settlement process, including asset distribution, tax reporting, and compliance. This service is available when we have an ongoing fiduciary relationship.