Information for Attorneys

As an experienced estate planning law firm, Draneas & Huglin, P.C., we became frustrated with the lack of viable options available to our clients who require fiduciary services at a time when we are observing an increased need for such services. Other professionals in the legal and financial services sectors have expressed the same concerns.

Banks and trust companies have increased the minimum size of the trusts and estates they will accept for administration, with the result that their services are not available to many of our clients. Even those clients with larger estates often resist using banks and trust companies due to perceptions that they are more expensive and difficult to work with. With no acceptable alternative, our clients often nominate friends and relatives to serve as their fiduciaries. This choice can lead to all sorts of other problems and complications.

Finally, trusts and estates have grown increasingly complex. This complexity is partly the result of increasing family wealth in our society, and partly the result of tax and financial environments, as well as family social dynamics. Consequently, many of the strategies that we employ every day in our estate planning practice require sophisticated services from fiduciaries, which many are ill-equipped to provide.

The highly skilled fiduciaries at Pegasus Fiduciary Services, LLC offer an excellent alternative. The attorneys, most of whom have obtained advanced degrees in business or taxation, possess sophisticated knowledge of trusts, estates and tax planning that often exceeds the skill levels of the fiduciaries at banks and trust companies. Without the internal structure of a large institution, we are much better able to respond to unusual, difficult, or technically complex situations. At the same time, the use of legal assistants provides the administrative efficiency and the reasonable cost associated with a private fiduciary.

Pegasus Fiduciary Services, LLC provides personal services and flexibility to handle ordinary and extraordinary situations. Our fiduciaries will collaborate with a client’s existing attorney, CPA, investment advisor, or other professional advisors to offer integrated, quality services.