Professional Private Fiduciary Services
Taking care of your own financial obligations is enough of a challenge. There’s no need to sacrifice your success at work or put unnecessary strain on your family when a private fiduciary can manage your loved one’s financial affairs.
At Kern Fiduciary Services, Licensed Professional Fiduciary Jamie Urner is here to help serve as your…
Trustee
My primary goal as trustee is to follow the instructions contained in the trust document to honor your loved one’s wishes. If they are still able to make decisions, I can assist by coordinating with an estate planning attorney to amend the trust to achieve your loved one’s goals and objectives.
While they are alive, I protect and manage trust assets by…
Paying the mortgage, utilities, healthcare expenses, and other bills.
Coordinating with their financial advisor and CPA to facilitate the investment of trust funds and the filing of tax returns.
Keeping track of deposits to the trust bank accounts, expenses, and distributions (if any).
After they pass, I administer the trust by…
Meeting with the estate planning attorney to plan the administrative strategy.
Paying for funeral expenses and settling or paying other bills.
Providing notice to those entitled by law.
Obtaining appraisals for trust property as necessary.
Coordinating the filing and payment of tax returns.
Distributing property, accounts, and other valuables per the trust.
Estate Administrator
Some people pass away with a will-based estate plan or no estate plan at all. In such cases, someone will need to serve as Estate Administrator and oversee the estate through the probate process.
As your Estate Administrator, I work to uphold your loved one’s wishes or administer the estate according to California law and the guidelines set forth in the Professional Fiduciaries Act. I also protect and maintain estate assets while also…
Facilitating the preparation and filing of Court documents with a probate attorney.
If the estate is solvent, paying for funeral expenses and settling or paying other bills.
Providing notice to those entitled by law.
Obtaining appraisals for estate property as necessary.
Preparing a final accounting and coordinating the filing and payment of tax returns.
Distributing property, accounts, and other valuables to your family members or other beneficiaries per the Will or Court instructions.
Agent under Durable Power of Attorney
As agent, I protect and manage all assets not titled in a trust by…
Paying the mortgage, utilities, healthcare expenses, and other bills.
Coordinating with a financial advisor and CPA to facilitate the investment of funds and the filing of tax returns.
Keeping track of income, expenses, and gifts (if any).
Estate & Trust Accounting Specialist
Preparing a probate law compliant accounting is arguably the most daunting task of estate or trust administration. Failing to properly record the sources and uses of funds can lead to beneficiaries questioning the amount of their inheritance. Minimize potential disagreements and costly court battles by hiring a private fiduciary to prepare the accounting.
These accountings are not the same as a typical bookkeeping style accounting and must balance to the penny. Many attorneys and even other fiduciaries in Kern County trust Kern Fiduciary Services, Inc. with this critical task; if you are a trustee or estate administrator and...
A) You don’t have time to give the accounting the care and attention to detail it deserves; or
B) You don't know how to prepare an accounting that complies with the probate laws set forth by the State of California.
Schedule a consultation today to discover how a professional fiduciary can help.