PERSONAL / Estate Settlement
Country Club Trust Company can serve as:
- Personal Representative (Executor or Administrator) of an estate of a decedent
- Successor Trustee with the principal responsibility to distribute assets at death
- Agent to an individual who is named as a Personal Representative or Successor Trustee
In estate settlement, the Trust Company handles all matters related to the legal requirement of marshalling together and ultimately distributing assets when a client dies. This includes (but is not limited to):
- Payment of bills
- Filing final income tax returns and estate tax returns (if applicable)
- Administering the estate through the probate process if necessary
- Safeguarding assets
- Supervising estate sales
- Selling real estate
- Liquidating assets