Responsibilities of administering a trust can be challenging

Selecting the right trustee is one of the most important decisions you will make. Careful attention should be paid when choosing someone to serve in this often complicated and difficult role. Although there may be a natural tendency to name a family member or another individual to serve, these individuals often lack the experience and discipline necessary to manage the inherent duties of a trustee.  Individual trustees may also lack the time necessary to properly administer a trust, and they may further lack the investment, tax, and legal knowledge needed to properly navigate the increasingly complex fiduciary world of trust administration. In addition, individuals often have personal relationships with beneficiaries that may inherently cause conflict between the trustee and the beneficiaries, upsetting otherwise stable family dynamics. For these reasons, a corporate or professional trustee may be the optimal solution for administering your affairs.

A Next-Generation Trust Solution

Since 1998, Pinnacle Wealth Planning Services has been advising individuals and families on intergenerational, asset protection, and charitable strategies designed to help them work toward maximizing assets, enhancing their quality of life, and pursuing personal and financial goals.

Pinnacle is pleased to leverage our experience by offering clients the opportunity to name Pinnacle Private Trust as corporate trustee for their personal trusts.
In the world of corporate trust administration, Pinnacle Private Trust provides a refreshing alternative – a truly next-generation corporate trustee solution. Pinnacle Private Trust uniquely combines the depth of a premier, independent national trust company with Pinnacle Wealth Planning Service's investment capabilities and Wealth Management teams with legal and tax advisors, all working together as one team to deliver an independent corporate trustee solution. By offering you a professional fiduciary with investment expertise that delivers local and personalized trust services, Pinnacle provides an integrated administrative platform that brings a more comprehensive approach to trust administration.

Partnering for Success

Pinnacle Private Trust is a trust representative office of National Advisors Trust Company (NATC).

As a national trust bank, chartered by the Comptroller of the Currency of the Treasury Department of the United States, NATC is subject to regulation and examination by the Office of the Comptroller of the Currency and is also required to follow applicable Federal Reserve Bank and FDIC regulations and rules. NATC, as a national trust bank, offers its trust services nationwide, in all 50 states.

Under the Pinnacle Private Trust model, NATC performs the trust administrative services, while Pinnacle Wealth Planning Services is responsible for the investment management and client collaboration. This approach helps ensure you have a personalized and responsive trust administration from a federally-chartered trust company, all while maintaining the trusted relationship you have with Pinnacle Wealth Planning Services.

Pinnacle Private Trust can support client needs in all 50 states
and has built a reputation for financial strength, security, safety, and stability. Pinnacle Private
Trust is available to serve as trustee for all of your trust administration needs, including:

  • Living Trusts
  • Asset Protection Trusts
  • Revocable and Irrevocable Trusts
  • Residence and Education Trusts
  • Asset Protection Trusts
  • Charitable Trusts and Family Foundations
  • Special Needs Trusts
  • All types of Dynasty and similar multi-generation trust arrangements

Trust and Estate Settlement Services

Clients frequently acknowledge the enduring financial stability that a trust can offer to their beneficiaries. However, circumstances occasionally require the appointment of a family member or friend as the trustee. In such cases, clients can find reassurance in the fact that the diligent team of in-house experts associated with Pinnacle Private Trust is available and ready to provide assistance to individual trustees seeking external guidance throughout the process.

Our Estate and Trust Settlement Services include assistance in the following areas:

  • The submission of the Last Will and Testament to the probate clerk
  • Managing and distributing all assets and properties of the estate or trust
  • Creating and overseeing expense accounts for the Decedent Trust and Estate
  • Systematically distributing real estate and personal belongings
  • Preparing and filing the final Federal and State income tax returns
  • Completing and filing any required Trust and Estate tax returns, if applicable
  • Compiling necessary accounting reports for the trust and estate
  • Conducting strategic income tax planning related to account elections and distributions.