Estate Settlement

 

Estate settlement is one of the most important services that we provide for families. At a time when a family may be least able to deal with business and financial matters, we can help ease the burden of settling a loved one’s estate. And thanks to our distinctive approach, we can do so with several advantages.

Experience, Care, Dignity.

As executor or co-executor, we provide the experience to handle small estates without needless delay. We also have the broad range of professional investment management, tax and accounting expertise required to administer large, complex estates effectively.

Continuity.

Naming an individual as executor can create problems if that individual becomes unavailable or is unable to fulfill the required duties. The significant advantage of naming a corporate entity—such as Broadway Bank—as executor becomes evident during the lengthy administration of large, complex estates.

Impartiality.

The beneficiaries come first – always. We have no financial interest in the estates we administer, so no conflict of interest is created.

Objectivity.

Family interests sometimes present conflict. We are often called upon to weigh one beneficiary’s needs and desires against another’s. We spend time getting to know your family’s needs, remain objective and impartial when making decisions and work through the issues to minimize or even eliminate disagreements.

Trusted advisor.

When a family member is named executor, many times that person is not prepared to fulfill the responsibility alone. In these cases, we offer our estate settlement services as an agent for the executor to provide many of the same benefits for the family, tailored to their needs at the time.

INVESTMENT PRODUCTS:
NOT FDIC INSURED • NOT A DEPOSIT
NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY
NOT BANK GUARANTEED • MAY LOSE VALUE

Estate settlement services include:

  • Locating and preparing an inventory of personal property, arranging appraisals and estate sales.
  • Working closely with your attorney and accountant to file court documents and tax returns.
  • Paying funeral expenses, outstanding bills, and expenses of administering the estate.
  • Collecting all debts owed to the decedent.
  • Liquidating, transferring or continuing the preservation of income-producing real estate and business interests during estate administration.
  • Special handling of collectibles and antiques.
  • Making distributions and providing for the needs of the survivors in accordance with the provisions of the decedent’s will.

 

Related Links:

Case Study: Estate Settlement

 

 

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210.283.6500 • Outside San Antonio call toll-free 800.531.7650
1177 N. E. Loop 410, San Antonio, Texas 78209