First Fiduciary Corporation
Trustee and Executor Services
4120 Lexington Way, Eagan, MN, 55123
Distance: 1034 Miles
First Fiduciary Corporation can serve as a trustee for the following types of trusts:
* Supplemental needs
* Special needs
They do not hold financial assets in-house. This allows clients to retain their current financial investment team if that is important.
Executor (also called personal representative) services secure assets, ensure all debts are properly discharged, and make final distributions according to the will or, when no will exists, according to state statute.
This provider does not offer this service at other locations.
Taxonomy Terms Used: Clicking a taxonomy term from the list below launches a new search.
FT-2700.6500Post Mortem Estate Administration Definition
Programs that are responsible for the management and disposition of an individual's assets according to state law when that individual has died intestate, or according to the terms and conditions of the will when the individual has neglected to name an executor. Arrangements for estate administration may also be made as a part of the will (if beneficiaries are unable or unwilling to manage family assets) or by the beneficiaries themselves if they wish to dispose of a piece of property or make arrangements for the management of a business. Estate administration involves inventorying the decedent's assets, notifying creditors, paying federal and state income taxes and estate taxes, making specific bequests per the terms of the will or trusts and distributing the remaining assets to beneficiaries.
FT-2700.8500Trust Administration Definition
Programs that are responsible for the management and/or distribution of property that is held in trust.