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What are our Trustee and Fiduciary Services?
Trustee and Fiduciary Services: While many attorneys shy away from taking on this additional responsibility, Rollin J. Soskin & Associates, Ltd. offers trustee and fiduciary services. When it comes time to carry out and administer estate planning arrangements, the weight falls on to the shoulders of the fiduciary - the trustee, executor or attorney-in-fact. Our attorneys assist and guide fiduciaries as they perform their duties and fulfill their obligations. In many circumstances, our attorneys also serve as trustees, executors and attorneys-in-fact. Selection of a trustee is a very important matter. You are choosing who you feel could best "step into your shoes" to do the things you would have wanted to do and make the decisions you would have made if you had been available to act yourself. Our attorneys act or are named as trustees or successor trustees in hundreds of revocable, irrevocable and charitable trusts and foundations. Our services as trustee include holding and overseeing the management of trust assets and reporting regularly to the beneficiaries about the performance of the funds in our care. Many of our clients name one of our attorneys as a fiduciary or as a trustee when they are undertaking the estate planning process because they recognize our thoroughness and attention to client needs during the implementation of their estate plan documents and feel confident that we understand their desires and their goals for those they leave behind. We can help you create a Lifetime Security Blanket™, protecting the assets you leave for others from their creditors while allowing the trustees the flexibility to pay for such things as a child's wedding, grandchild's education, or help a child in business.
Why are Trustee and Fiduciary Services Necessary?
Trustee and fiduciary services are essential for ensuring that estate planning arrangements are executed with precision and integrity. At Rollin J. Soskin & Associates, Ltd., we offer these services to alleviate the complexities faced by fiduciaries, such as trustees, executors, and attorneys-in-fact, who are tasked with administering and managing estates according to the deceased’s wishes. The selection of a trustee is a significant decision, as it involves entrusting someone to act in your stead, making critical decisions, and managing assets as you would. Our attorneys bring a wealth of experience in serving as trustees, executors, and attorneys-in-fact, providing reliable oversight and meticulous management of trust assets. By choosing us, clients benefit from our thorough understanding of their estate plans and goals, ensuring that their wishes are faithfully carried out. Our services also include creating a "Lifetime Security Blanket™," which safeguards assets from creditors while allowing for flexible financial support for specific needs, such as educational expenses or special family events. This comprehensive approach helps to ensure that your estate plan is executed effectively, protecting both your assets and the well-being of your beneficiaries.
Our Experience in the Sector
At Rollin J. Soskin & Associates, Ltd., our extensive experience in trustee and fiduciary services is demonstrated by our role as the trustee for numerous trusts, including revocable, irrevocable, and charitable trusts. Our attorneys are adept at managing a diverse array of trust arrangements, bringing a deep understanding of the responsibilities and nuances involved in each role. As trustees, we take on the crucial task of overseeing and managing trust assets, ensuring they are administered in strict accordance with the terms set forth by the trust creator. Our approach is characterized by meticulous attention to detail and a commitment to transparency, as we provide regular updates to beneficiaries regarding the performance and management of the trust funds. This hands-on experience allows us to offer clients a high level of confidence in our ability to fulfill fiduciary duties with integrity and care, ensuring that their estate plans are implemented effectively and their legacy is preserved.
Contact Us Today
Phone: 1 (847)-714-1000
Location: ​ 100 Village Green, Lincolnshire, IL 60069
Hours:​​​
Monday 8:00 AM - 5:00 PM
Tuesday 8:00 AM - 5:00 PM
Wednesday 8:00 AM - 5:00 PM
Thursday 8:00 AM - 5:00 PM
Friday 8:00 AM - 5:00 PM
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