Our Services
Lenox Wealth Corporation establishes and manages private family trust companies, providing optimal estate benefits and maximum wealth and privacy protection. In doing so, Lenox clients enjoy:
Fiduciary and
Trust Services
Maximized
Tax Savings
Shielded
Assets
Guaranteed
Privacy
Ultimate Trust Document Flexibility
When it comes to creating, managing, and administering a private family trust company, Lenox is a valuable partner, listening closely to a family’s needs and desires for their legacy.
Trust Creation
We assist the private family trust company in the creation of various types of trusts, each with a blend of asset protection, tax efficiency, and privacy. Having these trusts under your private family trust company eliminates the need to work with an outside trust firm, allowing the most aligned means of securing the family goals.
Dynasty Trusts
NFGTs
Trust Decanting
Revocable living trusts
Irrevocable grantor trusts
Charitable trusts
Asset protection trusts
Community property trusts
Grantor-retained annuity trusts (GRATs)
Generation-skipping and dynasty trusts
Qualified domestic trusts (QDOTs)
Estate and Trust Administration
Trust administration is our wheelhouse. Our core belief is that trust administration honors and abides by the wishes of the grantor. Our specialized team of experts are highly experienced in trust law, tax, asset administration, wealth protection strategies and the nuances of family dynamics.
Lenox provides for the creation and continuing operational, managerial, and administrative services to the PFTC, including:
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Manages the trust in accordance with fiduciary principles, applicable law and the governing trust document
Facilitates both mandatory and discretionary distributions, and manages third-party expense payments as directed by the trust
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Maintain bank accounts, brokerage accounts, and other custody accounts which receive Trust income and contributions
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Maintains accurate trust records and consolidated reports for the grantor, (Co-) trustees, and beneficiaries
Managing income, contributions, and expenditures and distributions
Manage all trust account transactions.
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Tax Return Preparation and filing, or reporting, to ensure compliance with the trust entity document.
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Manages or holds special assets, such as real estate, closely-held stocks, yachts, antiquities, and intangible trust property (IP, Crypto, Patents etc.).
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Other services may include:
Partnering with your attorneys, CPA and investment advisors to plan for the present day and long-term future.
Retaining accountants, attorneys, investment counsel, and other advisors, as needed to support the family’s advisory team.
Communicating with and responding to the grantor, any co-trustees, beneficiaries, and third parties
Monitoring and reporting on investment accounts
Services will not include:
Managing or advising on investment related matters, we are not an RIA
In house legal counsel, we are not a law firm
International Estate and Trust Administration
With increasing international reporting requirements, as well as rising complexities and political instability international individuals and families are establishing trusts in Nevada with increasing frequency. Lenox has the expertise and depth of knowledge to assist international clients with tailored solutions.
One of the most sought-after trust solutions for non-U.S. families is a Nevada Foreign Grantor Trust. NFGTs enable international families to benefit from United States legal protections while limited tax exposures and optimizing legacy planning.
If you are a foreign national and have a foreign trust, but have assets or beneficiaries in the US you should consult with Lenox.
