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What We Offer

We’ll help carry out your wishes with skill, sensitivity and discretion.

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What is an Estate Administrator?

An "estate" refers to everything you own, from properties to your car, antiques, and valuables. It's not just physical assets, though. Checking and savings accounts, investments, and retirement plans also contribute to your estate.

 

An estate administrator or executor is a third party, like Midland Trust Company, who handles the ‘winding down’ of the estate. This includes managing the decedent’s remaining financial obligations, such as paying bills and taxes, taking inventory of assets, and distributing them to beneficiaries.

two people shaking handsOur Estate Administration Services

At Midland Trust Company, we specialize in estate administration services. We are skilled in working directly with families and beneficiaries or their attorneys and advisors in order to find the best and appropriate solution for their needs. When you appoint Midland to be your executor or personal representative, a professional team of specialists will apply skill, sensitivity, and discretion in helping you plan for the disposition of your assets and the settlement of your estate through the following services:

  • Probate your will: If it's necessary to go through the probate process, your team at Midland Trust Company can serve as an executor/administrator.
  • Collect assets and information: We'll work through all the details to manage the grantor's estate properly.
  • Determine debts and claims against the estate: We’ll investigate and pay when appropriate any debts or claims against the decedent.
  • Analyze and resolve time-consuming and complex tax issues: We have the expertise and partnerships with other professionals to work through complicated tax issues.
  • Manage all elements of the estate, including investments: Collect and monitor appropriate investments.
  • Determine and arrange payment of all taxes: We will determine and discharge all tax liabilities of the decedent.
  • Distribute the estate: When appropriate, we'll distribute the assets to the beneficiaries as required. If you have other requests that aren't part of this list, talk with us. We’re here to help.
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Couple sitting with trust officer looking at estate documents

Helping You Make an Informed Decision

As a fiduciary company, you can rest assured knowing we will do everything we can for you and your situation. Our goal is simple — providing optimal solutions for our clients. We maintain high client satisfaction and top-level results by adhering to our core principle of committed, personalized service through a collaborative approach and creative solutions.

Estate Services FAQs

A will is a legal document that details out the care of your children, as well as the distribution of your assets following your death. Many people consider a will to be one of the basics of estate planning. If you are married or have children, you should highly consider a will.

Probate is a court-supervised process that appoints an executor to administer a decedent’s estate. The process involves validating the will, paying any final debts, and distributing assets to beneficiaries.

Many families want to avoid probate due to privacy concerns with its public court records. It is also often both time-consuming and expensive.

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About Midland Trust Company

Midland Trust Company has the expertise and understanding to provide you with professional estate management services through objectivity and empathy. We assign a trust officer to every estate and trust we handle, so you can speak with someone you know and who knows and understands you.

orange logo with cursor on it and white cubes floating around itHow to Get Started

Take care of your assets and your loved ones' futures by planning your estate today. Connect with Midland Trust Company now to learn more about our estate administration services.

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