CHARITABLE TRUST SET UP AND IMPLEMENTATION SERVICES

• Review Charitable Trust provisions and enter pertinent data into administration system.  Analyze Charitable Trust gifts for suitability as an asset for the Unitrust or Annuity Trust.  Advise the trustee, donor and the donor’s advisors regarding related issues or concerns.
• Ascertain the cost basis and holding period for all trust assets from information provided by the trustee.
• Collect legal, financial and tax documents and records used to establish the trust and its relationship with the trustee, trust   administrator and investment manager(s).

TRUST FEDERAL, STATE AND ATTORNEY GENERAL REPORTING SERVICES

• Preparation and filing of IRS Form SS-4, Form 5227 and supplemental schedules, Form 1041-A or Form 1041 and supplemental schedules, Substitute K-1 and supplemental schedules, Form 8283 (for publicly-traded securities only), Form 8282, Form 4720, all required State tax forms/schedules and relevant Attorney General filings.

TRUST ADMINISTRATION AND OPERATION SERVICES

• Monitor and adjust trust distributions based on trust provisions, asset valuations and additional contributions (if allowed).
• Obtain and record trust financial transactions received from investment managers.
• Review all investment transactions for accuracy and IRS compliance.
• Determine tax character of each financial transaction.
• Determine allocation of trust earnings to principal and income based on trust provisions and applicable accounting rules.
• Request and coordinate the receipt of the distribution amount to be paid to trust beneficiaries by the investment managers.
• Monitor cash position of trust for payout purposes. Transmit trust distributions to beneficiaries.
• Secure all accounting records pertaining to the trust.
• Monitor opportunities for beneficial financial and tax planning made possible by the trust provisions and trust investment performance.

TRUST CLIENT COMMUNICATION SERVICES

• External (Provided to Income Beneficiaries)
• Trust valuation report.
• Report on projected versus actual trust beneficiary annual distributions.
• A summary accounting of trust activity, including receipts (by tax character of income), disbursements attributable to the trust amounts, expenses, capital losses, and the unrealized appreciation in the market value of assets.
• Internal (for the Trustee’s internal auditing purposes)
• A report of all transactions the trust completed in any year.