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What We DoAST Capital Trust provides all of the services of a traditional trust company with one important distinction: We do not provide investment management services for marketable securities held in a trust. You, the client’s trusted financial advisor, fill that role.
AST Capital Trust can serve as trustee and offer administration services for virtually any type of personal trust, including revocable and irrevocable trusts, whether testamentary or inter vivos, as well charitable, asset protection, and irrevocable life insurance trusts. While each trust is unique and managed to its specific terms, our administrators typically perform some or all of the following services:
Document review to assure compliance with all trust provisions
Calculation and disbursement of income and other distributions
Management of discretionary disbursements with sensitivity and compassion
Preparation of annual accountings for court-supervised accounts
Bill-paying services
Preparation, review, and filing of fiduciary tax returns
Annual asset valuation
Coordination with attorneys, accountants and financial advisors
Preparation of quarterly trust reports
Comprehensive file documentation
Recordkeeping, accounting and tax-reporting
Management of real estate and other unique assets
Comprehensive communication with grantors, beneficiaries and their advisors via statements, meetings and other correspondence Although you manage the investments in your client’s trust on a daily basis, for discretionary trusts AST Capital Trust Company retains the fiduciary responsibility for those investments. Accordingly, we work closely with you to develop an investment policy statement and investment strategy consistent with the terms of the trust.
Our peopleAST Capital Trust’s experienced trust administrators average more than 15 years in the personal trust business. Our administrators hold a variety of credentials including Cannon Trust School attendees and graduates and the prestigious Certified Trust and Financial Advisor (CTFA®) designation. Every personal trust we oversee is assigned to one of these experienced trust administrators. A team of operations and compliance professionals further support this trust administrator.
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