Serving as a trustee is an immense responsibility

Dave Folz has worked with many attorneys, CPAs, financial planners, and life insurance professionals in Texas, always seeking to find collaborative solutions with the family’s advisors.

About Trust Counselor LLC

While being a trustee has been compared to whitewater rafting, it is by no means a 24-hour adventure. One-time decisions can have lasting impacts on both the trust and the beneficiaries.

With his extensive background, practical experience, and industry contacts, Dave Folz can help to answer your questions, anticipate hurdles, and navigate the multitude of complexities encountered in your journey as a trustee.

From explaining the meaning of “fiduciary” in a practical sense to assisting with basic administrative and task-specific aspects of the trustee function, Dave Folz can assist with the guidance you need to achieve your goals.

The Trustee’s Role

The trustee’s primary job is to carry out the intent of the creator of the trust.

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Key Trustee Responsibilities

The trustee handles investments, distributions, and tax matters, while fulfilling fiduciary and reporting obligations.

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Resources

The Texas Trust Code, the Texas Board of Legal Specialization, the American College of Trust and Estate Counsel Lawyers, etc.

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