assignment, which will be due one week from this Wednesday, is to write Polides and Procedures for a Trust Department ifically, find and write polides, including, but not limited to, the following 1) Criteria for taking trusts, such as size, amount of time to tend to it, etc 2) Rates that you will charge, and what criteria for determining that 3) Salary range, and what it is based on 4) The number of employees managing the trust, and how that number graduates up or down, based on the number of trusts, and the time needed for each, 5) How, and where you acquire trusts, 6) How you compensate for referrals; 7) Whether you use your "inhouse trust office to place investments, or if you go to an outside broker 8) And anything else that you feel is important n, find, and write procedures for how to run the Trust, including, but not limited to, the following 1) How you record, and monitor all transactions of each individual trust account 2) How you reconcile financial statements; 3) How you report to the IRS; 4) How you pay the beneficiaries, 5) How you invest financial instruments 6) How you manage the Physical assets, and make sure they are kept in good shape; 7) How you pay taxes, insurance, upkeep, etc, on Physical assets, 8) How do you make sure that you are interpreting the wishes of the Grantor, and carrying out their wishes, just like they would if they were still alive: 9) And anything else that you feel is important assignment, which will be due one week from this Wednesday, is to write Polides and Procedures for a Trust Department ifically, find and write polides, including, but not limited to, the following 1) Criteria for taking trusts, such as size, amount of time to tend to it, etc 2) Rates that you will charge, and what criteria for determining that 3) Salary range, and what it is based on 4) The number of employees managing the trust, and how that number graduates up or down, based on the number of trusts, and the time needed for each, 5) How, and where you acquire trusts, 6) How you compensate for referrals; 7) Whether you use your "inhouse trust office to place investments, or if you go to an outside broker 8) And anything else that you feel is important n, find, and write procedures for how to run the Trust, including, but not limited to, the following 1) How you record, and monitor all transactions of each individual trust account 2) How you reconcile financial statements; 3) How you report to the IRS; 4) How you pay the beneficiaries, 5) How you invest financial instruments 6) How you manage the Physical assets, and make sure they are kept in good shape; 7) How you pay taxes, insurance, upkeep, etc, on Physical assets, 8) How do you make sure that you are interpreting the wishes of the Grantor, and carrying out their wishes, just like they would if they were still alive: 9) And anything else that you feel is important
