Nevada First Trust Company (NFTC) understands the significant responsibilities and potential liabilities that come with serving as a trustee. The complexities and demands of fiduciary duties can be particularly challenging for individual trustees, especially when access to essential administration, investment, and tax services is limited. To support trustees in their fiduciary roles, NFTC offers a comprehensive Trustee Assistance Program, designed as a robust “back-office” solution to streamline and support the administration of trusts.

Our Trustee Assistance Program includes:

• Custodial and Trust Accounting Services: Through approved sub-custodians, ensuring safekeeping and accurate accounting of trust assets.
• Principal and Income Trust Accounting: Providing precise and relevant accounting services to meet the trust’s financial reporting requirements.
• Beneficiary Distributions: Executing distributions as directed by the trustee, coupled with meticulous recordkeeping.
• Bill-Paying Services: Facilitating the timely payment of the trust’s expenses, simplifying financial management.
• Tax Preparation Services: Offering signature-ready tax preparation services for trustees, ensuring compliance and efficiency.
• Dedicated Trust Specialist: Providing monitoring and support, ensuring trustees have the guidance and assistance they need.
• Online Access to Trust Accounts: Enabling trustees to view account statements and utilize ad-hoc reporting functions for enhanced oversight and management.

If you are a Law Firm, CPA, or other Professional serving as a Trustee, NFTC’s Trustee Assistance Program is designed to complement your professional trustee services, providing you with the tools and support necessary to fulfill your fiduciary duties effectively.