MAXIMUM LEGAL SERVICES CORPORATION
Trust Services
Professional administration and fiduciary support from MaxCorp.
As a professional fiduciary, MaxCorp is an impartial third party not subject to conflicts of interest. With a focus on providing high-quality management and administration of the trust using cost-effective measures, MaxCorp administers the trust according to the legal terms of the trust and estate documents, or court orders if the case is contested. While sensitive to the issues and concerns of everyone involved, MaxCorp strictly maintains the confidences of the trust terms for the benefit of current or future beneficiaries.
MaxCorp’s duties and services as a professional fiduciary may include the following:
- Maintaining and providing detailed accounting of receipts and disbursements;
- Analyzing and following the legal terms of the trust
- Identifying and collecting all trust assets and ensuring they are legally and properly held by the trustee;
- Maintaining and managing all trust assets, including but not limited to assisting with the sale(s) of trust property, if necessary;
- Working with financial and investment advisers and making fiduciary investment decisions;
- Providing detailed information and reports;
- Working with CPAs to determine tax liabilities and filing the necessary tax returns;
- Creating, maintaining, and updating monthly and annual budgets, as necessary;
- Distributing trust assets;
- Making impartial, reasoned fiduciary decisions, especially with respect to financial matters;
- Communicating and working directly with the settlor, beneficiaries, and any legal counsel regarding the administration of the trust; and
- Closing and wrapping up trusts in accordance with their legal terms.
In certain circumstances, MaxCorp works with the Personal Representative of an Estate to ensure all assets are put into the Trust in accordance with legal and valid Will and Trust documents.
In contested cases, MaxCorp’s attorneys represent MaxCorp as Trustee of the trust in court proceedings, filing necessary legal documents and responses and executing court orders involving the trust.