Services
Fiduciary Services North, INC. expertly navigates all the details of estate administration.
Estate Settlement Services
Preserve your estate with secure fiduciary services that are more cost-effective than most professional solutions.
Trustee or Successor Trustee
A trustee takes legal ownership to act in the best interests of a trust and its assets. They and assume fiduciary responsibility for managing those assets and carrying out the purposes of the trust.
Financial Power of Attorney
If you’re unavailable or you become incapacitated, you’ll need to have someone handle your financial and legal fiduciary matters on your behalf.
Conservator/Guardian
A personal representative handles a decedent’s will and the distribution of the estate, among other duties.
Estate Settlement Services in Northwest Michigan
Fiduciary Services North is a team of financial professionals, legally bound to act in your best interest. Over the past several years, we have developed personal and long-lasting relationships with the courts in the Grand Traverse area and can expertly navigate the probate process. We service Antrim, Benzie, Grand Traverse, Kalkaska, and Leelanau counties.
The complexities of the estate settlement process can be overwhelming to families that
have not had experience in this area. We handle the estate administration and can
navigate all the complexities for you. And, because we are an independent third party, we
can be effective in a conflict situation. Let an expert handle the estate administration for your family.
Power of Attorney for Finances
A financial power of attorney is designed to appointed someone to to handle your finances when you are unable to act yourself. This is done through legal, estate planning documents and can protect you during a vulnerable time. If you become incapacitated, the person you gave financial power of attorney to will act on your behalf to manage your properties and financial details.
When the responsibility of financial power of attorney is left within the family it can potentially create a conflict or burden on the named party. You can ease this burden by assigning those duties to a professional fiduciary who is capable, responsible, and trustworthy. Appointing someone who will tend to your finances in good faith, without personal interests interfering can make all the difference in how your estate is managed
Trustee or Successor Trustee
A trustee is an individual who manages assets titled to a trust. They assume fiduciary
responsibility for managing those assets as directed by the Trust document. This appointment
can be made by naming a person/business in your estate planning documents or it can be made
through the probate court. A trustee provides trust administration and distribution of assets to
beneficiaries.
Many individuals who create trusts name themselves as trustees, because it allows them to have
full control of the trust while they’re living. However, a successor trustee must also be named for
when the owner of the trust is deceased or incapacitated and no longer able to act as Trustee.
This allows the management of the trust’s assets to continue undisturbed.
Selecting the right person for the responsibility of trustee takes careful consideration.
Trusts are a wonderful wealth-management tools used by many Northwest Michigan families.
They can transfer assets from one generation to the next, yet are complicated and challenging to
navigate without an expert. Because a trustee has control over important assets you
should choose someone with sound financial wisdom and a legal obligation to act in your
best interest.
When looking for a professional solution, many turn to banks, trust companies, or private firms.
Because we are a smaller corporation we can provide professional, personal, and affordable
services for NorthWest Michigan families.
Conservator/Guardian
A Conservator and/or Guardian is appointed through the Probate Court. The appointment is made as a result of a petition process when it is determined that a person is not able to manage their financial or personal decisions themselves. This gives the appointee full authority to act on their behalf. The primary reason to do this is to protect assets of individuals and/or to protect them from exploitation.
This type of appointment can be used when dementia or other effects of aging put the person at risk. The authority allows the conservator/guardian to act on behalf of the individual, so their bills can continue to be paid, their real estate protected and their revenue stream is not interrupted. A Conservator/Guardian authority ends at death.
When you work with us at Fiduciary Services North, INC you will receive an unbiased, independent third-party representative who always acts in your best interest. Fiduciaries are professionals who are bound by law to serve their client’s well-being.