Trust SErvices

Charles Schwab Personal Trust Reporting Services provides for your family long-term and carrying on  its legacy are important responsibilities. We make sure your loved ones are taken care of now and in the future. These services include principal and income reporting, detailed trust reports for your advisors, efficient implementation of scheduled calculated and fixed distributions to beneficiaries or other payees, recordkeeping of personal tangible or intangible property held by the trust like real estate or loans from the trust. You will receive one custodian for trust and non-trust assets eliminating the need for reporting from multiple providers

Charles Schwab Administrative Trustee Services provides an important service that can have significant advantages for designated beneficiaries. An administrative trustee is responsible for administering trust assets in accordance with the trust agreement. With CSTCD acting as an administrative trustee, you will benefit from the specialized trust experience of Charles Schwab to administer the complexities of your trust so that your advisor can focus on managing the financial assets of your trust. As a corporate entity, CSTCD can manage the trust beyond the lifespan of individual family members, so that the trust requirements can be executed consistently over generations. Administrative Trustee Services include accounting, recordkeeping, collection of dividends and interest, distribution of income and principal, and preparation and filing of federal and state fiduciary income tax returns. CSTCD has the expertise to act as administrative trustee on a variety  of trust types, such as revocable trusts, testamentary trusts, spousal, family and dynasty trusts, gifting trusts, asset protection trusts, life insurance trusts, and charitable trusts.  In addition, CSTCD administers trusts in Delaware to take advantage of that states favorable trust laws which translates into potential advantages for you!