Trust Agency
• SDTC serves as trustee's agent to relieve the trustee ( individual or institution), named in the trust document, of the day-to-day administrative tasks associated with the fiduciary role.
• SDTC provides all of the technology, back office assistance, custody, accounting, administration, tax services etc.. Investment management services can also be provided by SDTC in its role as "trust agent".
• The features and benefits of SDTC's Trust Agency service are as follows:
| · Private Agreement |
· Confidential information; no publicity |
| · Experienced officers assigned to account |
· Convenience; saves time |
| · Assists with establishing South Dakota situs |
· Complete records for tax purposes |
| · Periodic transaction statement |
· Purchase and sale of securities and execution of trades |
| · Collection and disbursement of income |
· Preservation of assets |
| · Professional management of assets (financial and non-financial) |
· Secure internet access |
| · Professional administration of fiduciary details |
· Custody and trust accounting services |
• Most trust documents have provisions allowing the named trustee to hire agents.
If you have any questions or would like any additional information regarding SDTC's Trust Services, please contact us .
