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:
Marshal and manage trust assets
Oversee trust investments
Work with investment advisor to review risks
Manage real property assets
Manage businesses held in trust
Secure personal property
Value trust assets
Prepare inventories, accountings, and other reports
Keep beneficiaries updated on trust activities, as required
Prepare necessary income tax returns (1041/541)
Consult with attorneys and other professionals as needed
Power of Attorney Duties
Represent Principal in matters, as specified in Power of Attorney document, related to:
Real estate (purchase, sell, loans, managment of rentals)
Income tax preparation and filing
Collection of income and payment of bills
Management of government benefits
Investment transactions (stocks, bonds, etc.)
Negotiate and sign contracts
Prepare accountings and other reports as needed
Consult with attorneys and other professionals as needed
Conservatorship Duties
Conservator of the Estate
Marshal and manage assets
Prepare inventories
Oversee investments
Collect income and pay obligations
Work with attorneys and courts in all legal matters
Prepare court accountings
Prepare income tax returns
Prepare court plans and enact same for care, including providing for basic needs and other opportunities
Work with doctors and other health care professionals to manage medical needs, treatment, and care
Provide for transportation, as needed
On call 24/7 for emergency needs
Work with attorneys and courts in all legal matters
Let Us Help:
Ready to come in for an appointment?
Click here to schedule a time to meet with us. We will NOT make dealing with a tax professional as painful as it’s been in the past!