Our Services
Fiduciary Services
Trustee Services
Carlson Fiduciary began providing trustee services to high net-worth individuals and families at the insistence of litigation clients exacerbated by the lack of integrity among professionals duty bound to serve their interests.
At our client’s election, our preferred approach is active, meaning we employ rigorous oversight of asset management and use to ensure outcomes consistent with trust objectives. This process always begins with thorough examination of existing assets, strategies, and relationships with all current business assets.
Along with customary services such as tax and estate planning, business administration, philanthropy, and investment oversight, through our team we are available to assist in all matters affecting the wealth and well-being of our clients.
As Trustee, we oversee and implement trust’s purpose, including:
- Weigh the rights and interests of beneficiaries across generations
- Safeguard trust assets from creditors
- Safeguard beneficiaries from creditors
- Guide minor and inexperienced beneficiaries
- Education planning
- Avoid probate
- Seek and employee tax reducing strategies
- Continuous tax consideration
We have trustee and general experience with many types of trust and trust issues, including revocable and irrevocable trust, sub trust funding issues, life insurance trust, special needs trust, and more.
Our Family-Office services include:
- Executive-level management of family-owned corporations and businesses
- Oversight and maintenance of insurance protecting family assets
- Oversight and handling of allowances and cash on hand
- Creation and implementation of budgets
- Review and maintain correspondence and documents
- Track and report asset performance
- Coordinate preparation of recurring financial statements
- Streamline and oversee property management
- Tracking and paying invoices and bills
- Other services as need on an individaul bases
Carlson Fiduciary helps clients create, manage, and preserve wealth across generations. We integrate innovative strategies with traditional family office services to provide solutions that withstand the test of time.
Many families of significant wealth wish to preserve and grow their wealth, manage and reduce risk, and free up time to pursue the lifestyles and life-goals their wealth affords while maintaining oversight of their assets through developed relationships and agreed-upon supervision. More families are seeking an alternative to the practice of using diverse professionals who may not be working together with oversight to achieve family goals.
The family office manages all aspects of wealth management, asset distribution and use, and legacy direction, from the mundane to the monumental. Based upon cultivated relationships, and with input and direction from family leadership, each challenge is approached with an intimate understanding of family dynamics and legacy intentions.
Concierge Services
Our family office clients have the option of obtaining unapparelled concierge services to handle the unique and often unexciting obligations inherent to their lifestyles which take time and energy to resolve. Our attentive and committed team members are easily reachable and available to handle these tasks so our clients can focus their attention on more pressing or enjoyable activities.
Whether ensuring our clients’ recreational properties are maintained and prepared for their use or coordinating and planning asset use among various beneficiaries, our diverse concierge service ensures our clients time and energy is spent where desired.
Similar extraordinary services are obtainable, at their election, by clients engaging Carlson Fiduciary.
Clients electing concierge services may obtain:
- A dedicated team member and point of contact
- Preparation of travel arraignments
- Management and oversight of household personnel
- Assistance with Shopping
- Coordination of health care
- Research and assistance with unconventional purchases
- Research and assistance with resort and club membership
- Reservations booking
- Party planning
- Other services as needed
Legal
The oversight and utilization of wealth is fraught with legal peril. Universally, abundance attracts opportunists against whom protections are necessary for assets to thrive.
We were litigators first and carefully maintain our edge in the ever-progressing legal field. Decades of experience fighting to claw back wealth lost to the wrongful or negligent conduct of professionals across the spectrum of fields affecting wealth and legacy preservation means we know where the pitfalls are. We are experts in the use of litigation as sword and shield.
We bring this experience to our supervision of assets, advisors, and professionals, and the disputes which follow wealth, ensuring litigation pursues justice and not waste.
Fees
Our compensation comes from the client in the form of a transparent fee which is determined and fixed at the outset of representation, depending on the scope of services selected by the client.
This structure means we do not seek or accept additional compensation from the professionals or products employed for the client’s benefit, such as with sales-based compensation.
Through this arrangement, we achieve complete independence which is essential to conflict-free representation.
