Pendleton Square Trust Company
Pendleton Square is a chartered trust company providing independent, non-investment trustee administration and advisory services to families. It works closely with the family’s trusted investment advisor, estate planning attorney, and tax advisor to form a strategic partnership and conflict-free focus on the unique needs of the family. The company has deep expertise in both traditional and non-traditional assets, such as closely-held businesses and real estate.
SERVICES
Trust Administration
- Revocable living trusts
- Marital and credit shelter trusts
- Irrevocable grantor trusts
- Charitable trusts
- Asset protection trusts
- Community property trusts
- Grantor-retained annuity trusts (GRATs)
- Qualified personal residence trusts (QPRTs)
- Generation-skipping and dynasty trusts
- Qualified domestic trusts (QDOTs)
- Irrevocable life insurance trusts
- Tennessee Incomplete-gift Non-Grantor Trust (“TING”)
- Community Property Trust
Estate Administration
- Administering the estate per the terms of the will
- Paying bills, bequests, and distributions
- Managing special assets such as real property, collections, LLCs, family businesses or partnership interests
- Maintaining estate records and a complete account of the administration
- Coordinating with your attorney and other professional advisors
- Keeping beneficiaries regularly updated
Private Foundation Administration
- Charitable goal setting
- Giving strategy
- Research gifting opportunities
- Governance structure and board composition
- Succession planning
- Next-generation philanthropy
- Manage grant process
- Due diligence on grantees
- Verification of tax status
- Correspondence
- Cash management with investment advisor
- Reporting
- Tax Return oversight
- Materials for annual board meeting
- Online grant applications
Pendleton Square Roles
- Trustee
- Co-Trustee
- Executor
- Co-executor
- Agent