Carolyn M. Young Fiduciary Services of Sacramento, California, currently holds in trust more than $75 million in client assets. The company then holds these assets until the client becomes unable or unwilling to direct them. At this time, Carolyn M. Young Fiduciary Services distributes funds according to client wishes and legal requirements.
In this capacity, the company works closely with clients as well as financial and legal professionals to ensure the proper distribution of assets held in trust. When a client has passed, the company ensures that all required forms are filed and taxes are paid on the estate. Assets then go to those beneficiaries designated by the client at the designated time, whether immediately or following an additional trust period. In certain cases, the company administers Special Needs Trusts and other plans designated by the client to protect vulnerable family members. Throughout the process, the company ensures that a careful accounting exists for all distributed assets.
Throughout its 26 years of operation, the company has maintained this strong commitment to protecting its clients in the long term. To that end, the company follows a service policy that allows for pro bono work. When a client has exhausted his or her resources, the company continues service while assisting the client in finding public benefits. In these circumstances, the client is able to take advantage of the company's expertise and knowledge of available resources.
Carolyn M. Young Fiduciary Services operates in the California counties of Sacramento, Nevada, Yolo, Placer, and San Joaquin. The company holds charter membership in the Professional Fiduciary Association of California and works closely with a variety of local legal professionals, investment managers, and other financial advisors. To that end, the company has earned its position as a trusted member of the California financial community.
