Specialists in Investing for Court Accounts and Estates
We specialize and service many types of court accounts including estates, special-needs trusts, settlement trusts, family trusts, conservatorships, and guardianships, as well as IRAs, 401(k)s and more. We also have experience and familiarity with court investment directives, including the Uniform Prudent Investor Act (UPIA) and probate codes, so you can be sure our mutual clients are in good hands.
When To Use CIS
If you have a court related account, we can help. We’ll help you deal with the paperwork, send you a confirmation the account has been funded, and work with your client in recommending and implementing a prudent investment strategy that meets their time horizon and liquidity needs. If the client is bonded or doesn’t qualify to be bonded we have a solution for that, too.
Estate Accounts
Your client has been entrusted to oversee an estate. You may consider a blocked account, if required, and should help the client stay within FDIC limits. Your client may also look to capture a competitive interest rate by locking up funds in a one-year CD. If the estate settles early, however, other beneficiaries may be unhappy with a choice between waiting for a CD to mature or incurring early withdrawal penalties. The CIS’ win-win-win solution offers an alternative to a blocked account, and doesn’t require a court order for each disbursement
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Settlement Timeline for Estate Executors
Special Needs Trust
Your client has reached a settlement or is close. At this point, some assets may go into a structured settlement, while other funds need to remain liquid. CIS can establish a special-needs trust and help redirect the income streams to protect the beneficiary from jeopardizing government benefits while avoiding the possibility of the client taking constructive receipt
Guardianships
A life event has occurred and your client now is responsible for overseeing funds on behalf of a minor. The ward’s age plays a role in how assets should be invested. With a longer time horizon, it may be wiser to invest a young ward’s assets in vehicles offering yields greater than those of CDs. As s/he approaches age 18, investments then may shift to a more conservative allocation over time. We have a process for keeping the account UPIA compliant or CA probate code §2574 compliant, while monitoring the account along the way
Account Types We Specialize In
- Estates
- Special Needs Trusts
- Settlement Trusts
- Conservatorships
- Guardianships
- IRAs
- Inherited IRAs
- 401Ks
- Family Trusts
- …and more
