Account and Trust Administration
Trusts are used for many reasons -- protecting assets, minimizing estate taxes, ensuring long-term care for a loved one, and providing for a favorite charity.
Because they’re complex legal arrangements, trusts require thorough attention to detail, including:
- proper accounting for assets
- payout of income and principal
- preparation and filing of tax returns
- oversight of special assets such as real estate, partnerships and closely held business interests
A trustee needs specialized expertise to handle such matters effectively while complying with all relevant legal and regulatory requirements.
That's why your choice of the TIAA-CREF Trust Company is a first critical step toward success. You can appoint us to act as your sole trustee, in which case we'll assume fiduciary responsibility while managing your trust's assets. Alternately, we can act as co-trustee (sharing the fiduciary role with other individuals or organizations you name), or as successor trustee, should you want the security of having a corporate trustee prepared to step in and serve your family or other beneficiaries if the need arises.
A Trustworthy Team
TIAA-CREF Trust Company provides you with a team approach to managing your assets. Among the key figures on your team will be:
Your Portfolio Manager
Talk with your manager as often as you like -- about market concerns, return expectations, or changing goals and objectives.
Your Account Officer
Your Account Officer can help you at any time to discuss account set-up, scheduling withdrawals, understanding reports and statements, and handling day-to-day administration of your trust or agency account.
Estate and Tax-Planning Staff
In addition to your attorney and accountant, TIAA-CREF's in-house estate planners and our tax professionals stand ready to help, even with the most complex or sensitive issues.
Competitive Fees
TIAA-CREF Trust Company is committed to providing high-quality service at a reasonable price.
