The firm offers independent fiduciary services through experienced firm attorneys who serve as personal representatives, trustees, attorneys-in-fact, and guardians. In these capacities, attorneys carry out administrative duties spelled out in various non-testamentary and testamentary instruments, such as wills, powers-of attorney and trusts. These tasks include overseeing the collection, management, and distribution of an individual’s assets, as well as the filing of necessary documents and instruments with court officials and other agencies having jurisdiction over fiduciaries, wills and trusts. Firm fiduciaries provide a central focal point for the coordination of other involved professionals, including investment and accounting professionals. When appropriate, fiduciary services are bonded, and all such services are performed under the protection of professional liability insurance.
In today’s modern society, traditional notions of fiduciary selection are often blurred due to geographic separation between family members, personal differences between various beneficiaries, and/or special needs of certain beneficiaries, not to mention the complexities and pitfalls that are often involved in administering increasingly complex fiduciary relationships. Our fiduciary services are offered under a fee schedule that provides significant value to our clients and their families. For some clients, having an independent fee-based fiduciary is a desired alternative to the percentage-based costs often involved when utilizing institutional fiduciaries such as banks and trust companies. Sumrell Sugg fiduciary services provide objectivity, professionalism, continuity, experience and personal familiarity to compliment our clients’ needs and goals, including the ultimate benefit of their families and other personal interests.