Colorado Fiduciary Services

• Attorney Escrow
• Trust Administration
• Estate Administration
• Settlement Administration
• Closing Services

Trust administration

Typical clients include:

• Adult children who don’t want to administer a parent’s trust.
• Siblings who don’t trust each other.
• Out-of-state beneficiaries.
• Family members who don’t want the liability of serving as trustee.
• Professional advisors (CPAs and financial advisors) who need an independent fiduciary to recommend.

The underserved client

Think about a trust worth:

• $400,000
• a home
• investment account
• checking account

A national bank may not want it.

Fees

Professional trustees generally charge in one of three ways:

• Percentage of assets under administration: often around 0.5%–1.5% annually, depending on the trust and services.
• Hourly billing: common for unusual or short-term matters.
• Minimum annual fee: many corporate trustees establish one regardless of asset size.

The right model depends on whether we are serving as an ongoing trustee or administering a trust for a limited period.

Example clients