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Simplifying the process

Planning for the financial well-being of your family can be complex, particularly for high-net-worth individuals. Successful planning requires knowledge of the probate and tax consequences of your decisions as well as a creative mindset to ensure that your trust and estate planning documents help you and your beneficiaries achieve your goals. Having First Western Trust and our fiduciary management team at your side throughout each stage of the process helps provide security and protection for your loved ones, bringing you greater confidence and peace of mind.

Hear from our
thought leaders.

Meet Bill Schmidt
Senior Trust Officer

Fiduciary Management Services

At First Western Trust, we take the title “fiduciary” seriously. It means we have been entrusted to appropriately handle property or power for the benefit of another. Not only do our trust management officers have the expertise and knowledge to deliver on our fiduciary promise, but we also take the time to really get to know you and your objectives. As your trustee, we are committed to understanding your goals for each dimension of your wealth. This allows us to design our trust management and fiduciary services so that we best support your needs and build a plan that allows you and your family to live a life that is rich in relationships, experiences, and spirit.

 

Corporate Trustee Management Services

When preparing a trust, many families name a friend or relative to serve as the executor, personal representative, or trustee. Although this may seem like an appropriate choice, it can be a costly mistake if the individual does not have the experience to make prudent investment decisions, manage the accounting requirements, or make delicate distributions decisions. Additionally, in some cases, family dynamics may make it difficult for family members or friends to perform their fiduciary management duties in an unbiased manner. By selecting First Western to serve as your corporate trustee, you are choosing a trusted advisor who understands the importance of making a sometimes difficult process much more manageable. Our trust management advisors have experience and are committed to your financial future. Our unbiased decision-making, high accountability, and expertise allow us to serve as an ideal trustee to manage your family dynamics and protect the intentions of your trust.

Your Family, Our Trust Services

Our trust management advisors are committed to helping your family by:

• Serving as your independent professional corporate trustee

•Providing fiduciary management services

• Managing and reviewing your investments

• Reviewing your family estate plan in conjunction with your attorney and accountant

• Preparing tax returns and accounting for trusts and estates

• Serving as executor or personal representative in a probate appointment

• Providing Conservatorship and Guardianship services for minor and disabled beneficiaries

• Managing specialty assets, such as oil and gas, real estate, farm and ranch properties, and art collections

• Providing custody of assets and accounting for private trustees

• Planning for business succession

When was the last time your reviewed your estate plan? Experts recommend that you review your plan at least every five years. To contact a member of our trust management team, submit the form below or call our main line at 303.531.8100.



Investment and insurance products and services are not a deposit, are not FDIC- insured, are not insured by any federal government agency, are not guaranteed by the bank and may go down in value. First Western Trust cannot provide tax advice. Please consult your tax advisor for guidance on how the information contained within may apply to your specific situation.