Call
855-758-7878
Call 855-758-7878
Call
855-758-7878
Call 855-758-7878
Unique Assets may be assets such as farms and ranches, closely held businesses, real estate, oil and gas investments, art, collectibles, and similar assets. These assets are ‘unique’ in that they are hard to value.
Many firms decline to include these types of Unique Assets in trusts because they can be complicated to value and assess. At Independent Trust Company, we pride ourselves in ensuring our clients’ trusts include every solution they need to deliver a result that cares for families as the document intended.
Consider a vacation home that has been in the family for years. Multiple branches of the family use it, but if the patriarch or matriarch cannot (or prefers not to) manage the property, there are certain issues that may arise such as:
In this scenario, Independent Trust Company could step in to support the management of the vacation home with the following:
Managing unique assets can be time-consuming and complex, often making it desirable to delegate this responsibility to a trusted expert. If you own assets that fall into the unique category and wish to include them in a trust, it’s essential to begin the crucial process of establishing their valuation as early as possible.
With over 20 years of experience in unique asset management, we understand the complexities these assets can introduce to estate planning. By bringing your unique assets to us for review now, you not only save on the immediate costs of having accountants assess their value, but you also streamline the process of integrating them into your trust. Our early involvement ensures that these assets are accurately assessed and ready for inclusion in the trust, saving both time and money in the long run.
Additionally, this proactive approach allows your assets to be seamlessly incorporated into our trustee services, ensuring they are properly managed and protected after the grantor’s passing.
Some of our most in-demand unique asset offerings include: