Estate planning
Peak Trust Company
Peak Trust Company is a professional trust company that serves as trustee of trusts nationwide, specializing in administration of trusts written under Alaska or Nevada law. It works primarily through estate planners who need a corporate trustee for a client's plan, rather than selling investment products of its own.
The service list covers asset protection and self-settled spendthrift trusts, Alaska community property trusts, incomplete gift non-grantor (ING) trusts, intentionally defective grantor trusts, grantor-retained annuity trusts, spousal lifetime access trusts, qualified personal residence trusts, generation-skipping trusts, special needs trusts, irrevocable life insurance trusts, LLC administration for private placement life insurance, self-directed IRA services, custodial services for individual trustees, and high-balance insured cash deposit solutions.
The firm describes an unbundled service structure and a defined opening process: the planner submits the trust document, Peak reviews it for the successor trustee role, clarifies role and intent and any issues, the client completes opening documents, and Peak opens the trust in its system and sends a welcome package. It was founded in 1997 in Anchorage, Alaska, originally as Alaska Trust Company, is state-chartered in Alaska and Nevada, works with 1,500+ estate planners, serves 2,500+ families residing in all 50 states and many countries, and has 30 employees with no commissioned sales.
Trustee fees are not published on the site. Planners comparing corporate trustees should ask for the fee schedule and for which services are included in the unbundled structure.
Best for
Estate planners and families who need a corporate trustee for an Alaska- or Nevada-law trust — including out-of-state married couples using an Alaska community property trust — and want a company whose only business is trust administration.
What they do
- Corporate trustee and successor trustee services
- Directed and delegated trust administration
- Alaska community property trusts
- Asset protection and self-settled spendthrift trusts
- Incomplete gift non-grantor (ING) trusts
- Intentionally defective grantor trusts (IDGTs)
- Irrevocable life insurance trust administration
- LLC administration for private placement life insurance
- Self-directed IRA and IRA services
- Custodial services for individual trustees
Details
| Attribute | Value |
|---|---|
| Founded | 1997 |
| Team size | 11-50 employees |
| Licenses | State-chartered trust company (Alaska and Nevada) |
What stands out
- Founded in 1997 in Anchorage, Alaska, originally as Alaska Trust Company, and state-chartered in Alaska and Nevada.
- Works with 1,500+ estate planners and serves 2,500+ families residing in all 50 states and many countries.
- Has 30 employees and states that it uses no commissioned sales.
- Publishes sample trust documents, including an irrevocable life insurance trust, for planners to review.