One of the most important aspects of creating a trust is selecting the right trustee. A trustee is responsible for ensuring that your investments, assets, and financial affairs are handled in accordance with your wishes. A trustee also has fiduciary responsibilities to a trust's beneficiaries for both asset protection and management, and must keep extensive records of all financial activities related to the trust. Moreover, trusts can be complicated and time-consuming to manage. An institution with professional trust administrators, such as Saturna, can greatly assist with the management of your trust during your lifetime and at death.
As your trustee, Saturna Trust, a licensed Nevada trust company, will provide you with investment, tax, and trust administration experience, combined with a centralized administrative, regulatory and investment team to meet your trust's needs. We'll help you prepare by advising you of the various trusts, wills, and durable powers of attorney that might be useful for your particular financial situation.
Using Saturna as your trustee ensures continuity of service and the combination of trust and financial expertise guaranteed to provide for your beneficiaries in the manner of your choosing.
Halal Trust Services
Saturna Trust Company specializes in meeting the estate planning and trust needs of the American Muslim community.
The Quran defines how a person's assets are to be divided at death. In some Muslim countries, Islamic inheritance law is part of local common law. Since this is not the case in the US, observant American Muslims find that a carefully drafted Will, often coupled with one or more trusts, is a necessity.
In addition to the distribution of inheritance, any trust assets must be managed in accordance with Islamic principles. Saturna Capital, investment adviser to the Amana Mutual Funds Trust and Saturna Trust's parent company, is internationally recognized for its exceptional record in the specialized task of providing halal asset management for Muslims.
Saturna Trust knows the application of Islamic financial practices in our complex society is an important task. Unfortunately, there is little estate planning education presently available to the American Muslim community. Saturna Capital already provides a variety of free Islamic investor education services, including seminars at mosques and Islamic organization meetings across the US. Saturna Trust is partnered with community estate lawyers and investment professionals to add Islamic estate planning strategy to these seminars. With a broad range of retirement plans and investment services, Saturna also provides considerable information online, at community events, and by mail.
Important Responsibilities of a Trustee
- Asset management
- Avoiding undue risk
- Maintaining accurate records
- Communicating with beneficiaries
- Avoiding conflicts of interest
Get Started With Saturna Today
You have worked too hard for yourself and your family to take your assets for granted or entrust them to anyone who will not manage them effectively. With Saturna Trust Company, you have a team of investment and trust administration professionals at your disposal that will ensure your trust is properly created and managed according to your wishes. Although it is difficult to think about providing for your family after your death, setting up a trust could be one of the most generous and caring things you will ever do for them.
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