Trust accounting is another area that is vital to a Family Office. To properly track the activity of the various trusts it is important to understand what should be classified as income and what should be classified as principal. This is done through profiling all transactions, and then having specialized reporting that will properly reflect this information. Through Entole’s customized ledger system you will be able to easily record and pull this information, allowing you to properly fulfill your fiduciary responsibilities and mitigate against potential lawsuits down the road.

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    Entole
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    Entole