Montgomery Purdue has a long history of advising trust companies and professional fiduciaries in a variety of contexts.
We frequently represent trust companies and professional fiduciaries with respect to the trusts, estates, and other relationships they administer. Our clients have included national banks administering Washington-situs trusts and estates, established local trust companies, and other professional fiduciaries, such as attorneys serving in a trustee role.
Our attorneys assist fiduciaries with all aspects of the trust and estate administration process including compliance with Washington statutory and court reporting requirements, successor fiduciary appointment, and tax planning.
In addition, Montgomery Purdue brings its depth of experience in business and real estate matters to assist fiduciaries administering real estate and privately-held business interests.
When disputes arise, our attorneys focus on protecting the fiduciary – not only in the instant case, but also the reputation of that fiduciary in the court system.
Montgomery Purdue’s work with trust companies also encompasses business matters affecting the company itself, including risk management. Professional liability insurance is essential for trust companies and professional fiduciaries. Montgomery Purdue advises trust company clients on all aspects of such insurance, including obtaining coverage when claims arise. Montgomery Purdue works with trust companies on corporate governance, business transactions, and regulatory issues with the Washington State Department of Financial Institutions.