Trustee Services

Managing your legacy is our privilege.

Many individuals name a family member or friend as trustee. While common, this choice can create stress, strain relationships, or lead to mismanagement. Appointing a qualified professional provides an objective solution and ensures the trustee is legally bound to act in your best interests, as defined by the terms of the trust.

WHAT

Your trust gets managed how you desire.

Professional trustees are required to act in the best interests of the trust and beneficiaries for all transactions. Empirical works with trusted partners to carry out these responsibilities with accuracy, neutrality, and care.

  • Our trust management partners invest according to your trust document and timeframe, and manage business interests, real estate, and unique assets in ways that benefit the beneficiaries.
  • Trust administration process includes distributions with proper adherence to state laws, disclosure requirements, and the proper allocation between principal and income.
  • Trust accounting includes timely and accurate statements with receipts and distributions documented and provides all required tax forms and tax returns.
HOW

You can rely on your trust to protect what matters most.

The intention of creating a legacy is to make life easier for the people you love. But sometimes emotions, disagreements, or lack of experience can get in the way. When our trusted partners act as trustees, you can rest assured that will never happen.

Our approach

Empirical is not a beneficiary so we remain objective to limit any potential conflict of interest. Our only interest is in ensuring your trust operates based on your instructions and intent.

Some trusts are intended to span generations. Appointing professional trustees allows for smooth transitions, with responsibilities passed from one expert to another as needed

A trustee’s responsibilities often begin during times of emotional stress, such as after the death or incapacitation of the trust’s creator. Professional trustees offer both empathy and steady execution of their duties.

When friends or family act as trustees, it is possible for disagreements about investments and distributions to take on an outsized importance. An independent, objective third-party professional can minimize the chance of family strife.

Our third-party trustee partners hold advanced degrees in law and/or finance. Many are also a Certified Trust and Fiduciary Advisor (CTFA) or Trust and Estate Practitioner (TEP).

WHY

We deliver the outcomes you have in mind.

You probably have an idea of how you would like your legacy to support the people and causes you care about. Empirical works to make it happen.

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We can help all beneficiaries successfully manage their inheritance, whether they are financially savvy or not.

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Children with special needs will continue to get the care they need for as long as they need it.

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Through appropriate investments and management, professional trustees can help ensure the trust lasts as long as you intended it to. Perhaps even longer.

James A. Jones II, JD, CPA, MPAcc

Director of Tax and Wealth Transfer | Principal

At Empirical, we work closely with professional trustees to make sure our clients’ wishes are truly respected and their legacies are carefully protected for future generations.
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Work with us

The right trustee for high-net-worth families can make all the difference.

If you have read enough and are ready to get to work, we are too. If you still want to learn a little more, check out Our Approach for more details.

Work with us Our approach