Bannon & Associates, PC
Professional Trustee
& Fiduciary Services
Kevin M. Bannon — Attorney & Professional Trustee
Choosing a trustee is an important decision. Trust administration involves legal, financial, tax, and administrative responsibilities. Kevin offers trustee services and direct guidance grounded in Michigan legal practice since 1987 and a Master of Science in Taxation from Walsh College.
Discuss your trustee needsDirect, Personal Service
Three ways Kevin
can help as trustee.
For trust administration now,
future appointments, and current trustees.
Acting Trustee · Need a Trustee Now
Acting Trustee
Services
Kevin is available to discuss personally accepting appointment as acting trustee for an existing trust—including a trust prepared by another attorney.
Serving as trustee means taking on responsibilities established by the trust and applicable law. Kevin's role is to administer the trust in accordance with its terms and the duties that apply to the appointment.
Depending on the trust and the circumstances, administration may involve:
- Oversight and safeguarding of trust assets
- Financial recordkeeping and accountings
- Payment of trust expenses
- Coordination of tax filings
- Beneficiary communications
- Distributions under the trust terms
- Coordination with financial advisers and accountants
- Legal and administrative issues that arise during trust administration
Before accepting an appointment, Kevin discusses the trust, the work involved, the people affected, and the proposed scope of service.
Successor Trustee · Planning for the Future
Successor Trustee
Appointments
When establishing or updating a trust, you may name Kevin as successor trustee. When the appointment becomes effective under the trust's terms, Kevin is available to step in and serve as trustee. This includes successor appointments under trusts prepared by other attorneys.
Some families choose a professional successor because relatives live out of state, lack the time or experience to take on trust administration, or prefer not to carry its administrative responsibilities. Kevin can discuss the proposed appointment, the trust terms, and the duties involved before you make your decision.
Trustee Advisory & Support
Trustee Advisory
& Support
Not every trustee needs to be replaced. If you are serving as trustee and want to continue, Kevin can offer practical legal, tax, and administrative guidance as questions arise. This advisory work is separate from Kevin accepting appointment and serving as trustee.
Support may include understanding fiduciary responsibilities and trust provisions, organizing records and accountings, working through beneficiary questions and distributions, trust tax reporting, and coordinating with financial advisers, accountants, or other professionals.
You remain the trustee and make decisions in that role. Kevin's guidance is tailored to the specific questions and responsibilities you bring to him.
Michigan Trusts · Families Across State Lines
Local trust matters.
Dispersed families.
Family members and beneficiaries may live outside Michigan while a parent, trust, or trust assets remain in Michigan. Distance can make communication and administration more demanding for everyone involved.
Kevin has experience serving as trustee for trusts prepared by attorneys outside Michigan. He can discuss trustee appointments, advisory help, and Michigan-related responsibilities with families who live in different states. His legal, trust, estate, and tax assistance for out-of-state clients is focused on appropriate Michigan matters.
A Decision for Your Circumstances
Why consider a
professional trustee?
A professional trustee may be worth considering when family members are unavailable, beneficiaries are geographically dispersed, trust assets or administration are complicated, administration is expected to continue over time, or the family wants an independent fiduciary. These are not the only considerations, and a professional appointment is not the right fit for every trust.
Kevin brings Michigan legal practice since 1987, a Master of Science in Taxation from Walsh College, and personal involvement in the work. As a small, accessible law practice, Bannon & Associates, PC emphasizes practical advice and direct communication with Kevin.
Speak Directly With Kevin
Discuss your trustee needs.
Kevin M. Bannon · Attorney & Professional Trustee