WE PROTECT THE VALUE OF YOUR TRUST
Future Interest Alliance was founded to provide low-cost trustee solutions for minors and trust beneficiaries regardless of trust value. We believe every trust is meaningful and merits professional fiduciary services and financial management. We serve as trustee for for both court-created management trusts and privately established trusts. Future Interest Alliance provides inheritance management, financial literacy and tools to support youth who have suffered the loss of a loved one. Through education, programs and accessible fiduciary services, Future Interest Alliance strives to protect and expand the value of our clients’ trusts.
Fiduciary Services
With our financial partners and legal experts, we manage the often complicated and overwhelming task of overseeing a court-monitored trust following a family loss
Financial Literacy
Understanding that navigating inheritance is a complex process, we work with our clients to achieve financial literacy and responsibility as they come of age
Expert Advisors
Offering financial and legal expertise to our clients, we provide a trusted, transparent resource to help understand the most critical parts of inheritance management
About Us
Integrity, Transparency and Care
Future Interest Alliance provides inheritance management, financial literacy and tools supporting youth who have suffered loss or come from disadvantaged backgrounds. Through education, programs and low cost fiduciary services, we protect and expand the value of our client’s trust.
Our Vision
To become a leader in Trust Management services supporting our community through the largest intergenerational wealth transfer in history
Our Mission
By providing expert legal and fiduciary services to trusts of all sizes, Future Interest Alliance works to protect and expand the value of our client’s trusts
Our Services
What We Offer
Comprehensive Fiduciary Services for Minor’s Inheritance Management
People under the age of 18 are not legally allowed to own property in Texas. When a minor inherits property, a trust or guardianship of the estate must be created. Many minors’ trusts will be court-monitored until the beneficiary can legally receive the inherited property outright. Future Interest Alliance has the legal expertise needed to oversee court-monitored trusts (and guardianship estates in limited circumstances) because our professional team has over 25 years of combined experience practicing probate, guardianship and trust law in Texas. The high fees charged by corporate trustees often diminish the principal of a modest trust estate, reducing the value of what will ultimately be received by the beneficiary. Future Interest Alliance offers competitive fees so that the focus can be maintaining and growing the value of the trust or guardianship estate.
Financial Literacy, Education and Fiscal Responsibility
Youth who have experienced the loss of a loved one might not have as many opportunities to learn about managing their finances. With our investment team and education partners, we want to teach minors and young adults about financial responsibility. Our goal is to help them understand the benefit of fiscal prudence and sound investment practices. Over the course of our relationship with our clients, we are present in their financial education. Before they are granted access to the full value of their trust accounts, we help explain the growth path of their money, the benefits or savings, the opportunities for continued investment, and the principals behind budgeting, building and improving credit, saving, borrowing and repaying debt, and investing. We work with expert financial partners to ensure premiere education tactics and resources are available to our clients.
FAQ
General Questions
What is a 1301 Management Trust for a minor?
A 1301 Management Trust refers to the Texas Estates Code provision that allows specific people to apply to a court for the creation of a trust for the benefit of a minor or otherwise incapacitated person. A minor (person under the age of 18) is not allowed to own property in Texas. Therefore, when a minor inherits money or property, a guardianship or trust must be created. A 1301 Management Trust is monitored by the court in which it was created, and the trustee is required to provide annual reports to the court. There are other legal requirements regarding certain provisions of the trust. For example, the funds can be held in trust until the minor reaches age 18 or possibly up to age 25. A 1301 Management Trust is also sometimes an alternative to a guardianship for a minor’s estate.
Who can serve as trustee of a 1301 Management Trust?
A financial institution is often appointed as trustee of 1301 Management Trusts. If the assets of the trust are less than $150,000.00, a court can appoint an individual or an entity to serve as a trustee, based on specific factors and circumstances.
Need Assistance with a Trust ? Contact Us
Future Interest Alliance provides the solution when financial institutions are unable to serve as trustee, and provides the dual benefits of low-cost fiduciary services along with financial education opportunities.