Fiduciary Services You Can Trust in Greater Los Angeles Metro Area

Who will step up and help you when you are no longer able to help yourself or help settle your affairs when you die? Normally, this role is filled by a family member or close friend. However, if, for whatever reason, you do not have a person you can trust with these important matters, our fiduciary services can help you.

WSF Tax Group is a full-service firm. We are trustworthy, dependable, and ethical. We are well-versed in all rules related to fiduciary duty, including the California Probate Code.

We will handle your assets with the utmost care, with the knowledge necessary to protect them for your and your loved ones’ future. We have the experience to administer all types of trusts, including family or individual revocable trusts.

We can also manage more complex trusts, such as special needs trusts, charitable remainder trusts, or irrevocable life insurance trusts. We also handle matters related to Conservatorships, including financial and personal care. With our fiduciary services, you’ll receive the personalized service that the big Greater Los Angeles Metro Area banks or trust companies simply can’t provide.

Our focus here at WSF Tax Group is on you and your assets. Further, if you have advisors, financial, legal or tax, that you trust, we will work with them. If not, we have professionals that we trust and have worked with for years. You can trust us to handle your assets with knowledge, care, and integrity.

Please contact us to talk about our fiduciary services and figure out how we can help you.

Duties and Responsibilities

Below are partial lists of the fiduciary services that we provide:

Trustee/Wealth Management Responsibilities:

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Marshal and manage trust assets

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Oversee trust investments

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Work with investment advisor to review risks

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Manage real property assets

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Manage businesses held in trust

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Secure personal property

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Value trust assets

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Prepare inventories, accountings, and other reports

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Keep beneficiaries updated on trust activities, as required

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Prepare necessary income tax returns (1041/541)

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Consult with attorneys and other professionals as needed

Power of Attorney Duties

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Represent Principal in matters, as specified in Power of Attorney document, related to:

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Real estate (purchase, sell, loans, managment of rentals)

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Income tax preparation and filing

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Collection of income and payment of bills

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Management of government benefits

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Investment transactions (stocks, bonds, etc.)

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Negotiate and sign contracts

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Prepare accountings and other reports as needed

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Consult with attorneys and other professionals as needed

Conservatorship Duties

Conservator of the Estate

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Marshal and manage assets

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Prepare inventories

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Oversee investments

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Collect income and pay obligations

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Work with attorneys and courts in all legal matters

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Prepare court accountings

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Prepare income tax returns

Conservator of the Person

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Prepare court plans and enact same for care, including providing for basic needs and other opportunities

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Work with doctors and other health care professionals to manage medical needs, treatment, and care

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Provide for transportation, as needed

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On call 24/7 for emergency needs

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Work with attorneys and courts in all legal matters

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