| Job Title |
Trust Officer |
| Job Description |
Directs And Coordinates Activities Relative To Creating And
Administering Personal, Corporate, Probate, And Court-ordered
Guardianship Trusts In Accordance With Terms Creating Trust,
Will, Or Court Order: Directs Drafting Of, Drafts, Or Consults
With Client's Attorney Who Drafts, Legal Documents Specifying
Details, Conditions, And Duration Of Trust. Locates And Places
Funds, Securities, And Other Assets In Trust Account. Interviews
Trust Beneficiaries Of Court-ordered Guardianship Trusts In
Order To Locate Probable Sources Of Assets. Negotiates With
Public Agencies, Such As Social Security Administration And
Worker's Compensation Commission, In Effort To Accumulate All
Assets Into Trust. Directs Collection Of Earnings, Dividends, Or
Sale Of Assets And Placement Of Proceeds In Trust Account.
Directs Realization Of Assets, Liquidation Of Liabilities, And
Payment Of Debts For Trusts. Directs Disbursement Of Funds
According To Conditions Of Trust Or Needs Of Court Ward Or
Beneficiary. Ensures That Excess Or Surplus Funds Are Invested
According To Terms Of Trust And Wishes Of Trust Client. May
Specialize In Promoting Trust Services And Establishing New
Trust Accounts. May Prepare Federal And State Tax Returns For
Trusts. May Be Designated According To Type Of Trust As
Corporate Trust Officer (financial); Personal Trust Officer
(financial).
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