Understanding Fiduciaries

WHEN A PROFESSIONAL FIDUCIARY CAN HELP

A professional fiduciary is a state-licensed individual who manages the affairs of another person. In California, professional fiduciaries are regulated by the state and must meet licensing, education, and record-keeping requirements.

People often engage a fiduciary when family members are unavailable, when responsibilities have become too complex or time-consuming, or when an independent third party can help reduce conflict and ensure matters are handled properly.

Fiduciary services can range from paying bills and managing finances to administering trusts and estates that include real estate, investments, and other assets. The work often involves coordinating with attorneys, accountants, financial advisors, beneficiaries, and family members while ensuring important responsibilities are completed accurately and on time.

Crestline Fiduciary Services focuses on trust and estate administration, durable powers of attorney, and bill payment services.  We bring particular expertise to trusts and estates that include significant real estate holdings, investment properties, or complex property-related decisions.