Across the U.S. and here in Maine, the laws relating to the design, administration and taxation of trusts have changed quite dramatically over the last ten years. The duties and obligations of trustees have increased in scope and complexity, creating new administrative challenges. As we look ahead, we believe the role of the professional fiduciary will become increasingly important, and we have responded with significant enhancements to our administration and planning capabilities.

To continue reading this Newsletter, please click here.