Sterling Trustees Offers Overseas Solutions for Trusts This Coming Winter
Sioux Falls, SD (PRWEB) December 24, 2014 -- Sterling Trustees, a Sioux Falls, SD -based trust administration company, provides trust management services throughout the United States. This winter, their nationwide trust administration company is offering overseas solutions to high net worth individuals and trustees facing legal and administrative challenges concerning global trusts especially as it relates to FATCA.
Sterling Trustees offers objectivity, believing that the best way to solve conflicts of interest is to avoid it entirely. The firm offers only offers trust administration services while adhering to each client's specific wishes and not crossing the line by acting as a money manager or financial advisor.
Their comprehensive trust services will manage each beneficiary and grantor's assets to ensure they are properly protected and secured from third party creditors. In the unfortunate event that the US Government or other legal bodies attempt to unrightfully tax or otherwise gain access to the contents of a trust, Sterling Trustees has the proper expertise to ensure that the money is protected to the full extent of South Dakota Statutory Trust law.
Sterling trust officers have the proper training to create and administer a wide variety of trusts, including self-settled/asset protection trusts, life insurance trusts, charitable trusts, Grantor Retained Annuity Trusts, Irrevocable and Revocable Living Trusts, Qualified Personal Residence Trusts, Generation Skipping Trusts, Dynasty Trusts, and Defective Grantor Trusts. Their team of professionals will closely monitor the performance of all their related financial advisors to ensure they are providing a high level of fiduciary responsibility and diligence.
As of January 1st, 2013, the United States Government released the Foreign Account Tax Compliance Act often referred to as "FATCA", meant to increase compliance involving trustees and investors relying on foreign financial institutions to protect their investments and assets. Sterling Trustees has the proper training and knowledge to provide effective and strategic defense against this act and any other dealings that trustees or beneficiaries may have with the compliance of FATCA. It's important that a beneficiary has a trustworthy and knowledgeable trustee to protect their assets when they do not possess the abilities to do it particularly when it comes to dealing in the international arena.
Contact Sterling Trustees for more information. Their South Dakota office can be reached by phone at 605.593.8950 or by e-mail at info(at)sterlingtrustees(dot)com. Sterling believes in the power of independent thinking, and their team of trust officers will carefully serve each grantor and beneficiary
About Sterling Trustees
Sterling Trustees is a fee-only trust administration organization in Sioux Falls, South Dakota. By working independently, the firm allows its clients to avoid the extra costs and conflicts of interest associated with large financial institutions. Sterling Trustees' main goal is to keep assets safe while remaining objective.
For more information visit http://www.sterlingtrustees.com/
Sterling Trustees, Sterling Trustees, http://www.sterlingtrustees.com, +1 2155706658, [email protected]
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