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Estate Settlement Services
1st National Wealth Management has the technical expertise and experience to ensure the proper disposition of assets in estate settlements. As an independent fiduciary, we will administer the settlement of the estate in an impartial manner, thus reducing the possibility of conflict among the heirs. Following are some of the steps we will take in settling an estate:
- We will marshal all assets related to the decedent's estate (trust, probate, joint).
- We will value all assets related to the decedent's estate for federal estate tax purposes and to take advantage of any tax step-up in basis.
- We will ensure that all tax filings (personal and fiduciary) are completed.
- We will ensure that all probate filings, accountings and inventories are completed.
- We will provide heirs with statements outlining all transactions and an inventory of estate assets and values on a periodic basis.
- We will work with other legal and tax professionals who assisted the decedent distribution.
- We will counsel the heirs to assist them with the investment of their inheritance.
1) nondeposit investment products are not insured by the FDIC; (2) nondeposit investment products are not obligations of, or guaranteed by, the financial institution; and (3) nondeposit investments will subject the purchaser to investment risk, including possible loss of the principal amount invested.
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