Services
A holistic approach to maximizing your assets and preserving your family values.
A trust is more than a legal document — it's a set of instructions for carrying your intentions forward. As trustee, we administer that document faithfully while managing the assets inside it with the same care as any other client relationship.
As a nationally chartered trust bank, we serve as trustee for individuals and families who want the assets and instructions in their trust handled by professionals — impartially, competently and for as long as the trust requires, which can be decades.
What trust administration includes
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Faithful execution of your document
We interpret and administer your trust exactly as written, balancing the interests of current and future beneficiaries as the document requires.
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Prudent investment management
Trust assets are managed under a fiduciary standard, with the same independent research process we apply to every client portfolio.
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Recordkeeping, tax filings & distributions
We handle the accounting, tax reporting and beneficiary distributions a trust requires, so nothing falls through administrative cracks.
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A relationship that outlasts any one person
Because the firm — not a single officer — serves as trustee, your trust continues to be administered consistently regardless of any individual team member's career changes.
Trust services we provide.
Capabilities
Trusts vary widely in their purpose and structure. Here's the range of roles we typically serve.
- We serve as sole trustee or as corporate co-trustee alongside a family member or professional advisor.
- We administer revocable and irrevocable trusts, special needs trusts, and charitable trusts.
- Distributions are made according to the terms of the trust and the needs of beneficiaries, documented and defensible.
- We serve as executor or personal representative, guiding an estate through probate and settlement.
- We coordinate directly with the family's attorney and accountant throughout the process.
- Assets are inventoried, valued and distributed according to the will or applicable law.
- For clients who want to retain control while getting help with administration, we act as agent for a trustee.
- We provide safekeeping, settlement and reporting for held assets.
- Custody services are available independent of investment management, for clients who manage their own portfolios.
- We administer special needs trusts designed to preserve a beneficiary's eligibility for public benefits.
- Charitable remainder and lead trusts are structured and administered in coordination with your philanthropic goals.
- Life insurance trusts and other single-purpose structures are administered with the same fiduciary standard as any other trust.
About Michi Trust Managers
Michi Trust Managers, N.A. is a nationally chartered trust bank, wholly owned by Michi Financial Holding Company. Michi Financial Holding Company is also the sole owner of Michi Trust Managers Delaware, a Delaware limited-purpose trust company. Both entities provide fiduciary and non-fiduciary services, including trustee, custodial, agency and investment management services, along with personal trust, retirement plan and family office services.
Michi Financial Holding Company and its subsidiaries do not provide legal, tax or accounting advice. Please consult your own advisors to determine how this information applies to your situation.