Trust & Fiduciary Digest

Trust & Fiduciary Digest is Frontier Capital Trust’s official knowledge journal—dedicated to advancing the lawful administration, private governance, and fiduciary excellence of non-statutory and contract-based trusts. We provide in-depth analysis, compliance strategies, legal commentary, and trustee education that exceed conventional standards. Whether you’re a trustee, advisor, or fiduciary steward, this digest delivers principled insights rooted in constitutional contract law, IRS compliance, and modern trust doctrine.

Understanding the Role and Responsibility of a Trustee: Exceeding the CTFA Fiduciary Standard ctfa fiduciary standard fiduciary best practices irs compliance private trust law trust recordkeeping trustee responsibilities Oct 25, 2024

Introduction

When an individual accepts the office of trustee—especially within the context of a non-statutory, irrevocable private contract trust—they enter into a legally binding and ethically sign...

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Calculating Trust Reinvestment Strategies: Capitalized vs. Depreciable Assets and Long-Term Tax Offsets amortization capitalization deductions depreciation long terms assets real estate reinvestment Oct 03, 2024

Introduction

When a private irrevocable non-grantor trust realizes substantial income or capital gains and retains those earnings, it often faces steep federal tax liability. Under the Internal Reven...

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Trust Recordkeeping for Trustees: Board Resolutions, Standing Resolutions, and Trust Minutes Explained board resolutions fiduciary governance standing resolutions trust minutes trust recordkeeping trustee responsibilities Sep 03, 2024

Introduction

One of the most overlooked areas in private trust administration is proper recordkeeping. Trustees are fiduciaries—not casual managers—and as such, they are legally required to document ...

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Understanding IRC §643(a)(3) and §643(b): Trust Accounting vs. Taxable Income 643(a)(3) 643(b) accounting income depreciation fiduciary accounting irs compliance taxable income trust reinvestment Aug 28, 2024

Introduction

In the world of fiduciary accounting and non-grantor trust taxation, few sections of the Internal Revenue Code are more misunderstood than §643(a)(3) and §643(b). These two provisions go...

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Irrevocable Common Law (Contract) Trusts: Definition, IRS Treatment, and Legitimate Benefits asset protection beneficiaries common law trust estate planning irs treatment non-grantor private irrevocable trust tax planning Dec 14, 2023

Introduction

Trusts are a fundamental tool in U.S. estate and financial planning. However, not all trusts are created equal, and some “common law” or “contract” trusts have become controversial. Prom...

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