Trustee Services
In instances where the Mid Atlantic Trust Company is serving as the trustee, Green Oak Consulting Group can provide a standard package of trust services, including:
- Full trustee responsibility
- Custody, ability to work in co-trustee relationship
- Investment management through third-party managers
- New account set-up
- Donor welcome letters, including tax deduction calculations
- Annual notifications to irrevocable charitable remaindermen
- Annual valuations and donor notification for non-CRAT CRTs
- Donor distributions
- Net income tracking and reporting for NIMCRUTS and NICRUTS
- FLIP monitoring/specialized investing for interval between trigger and flip
- 5227 annual tax returns
- Timely K-1s, generally by March 15 at the latest
- Appropriate annual state returns
- Quarterly performance reporting to institutional clients
- Annual valuations to institutional clients
- Actuarial services as requested at an additional charge
