Oregon Fiduciary Services Offered
- Trust Administration - Living Trustor(s) (as Trustee)
- Trust Administration - Deceased Trustor(s) (as Trustee)
- Special Needs Trust Administration (as Trustee)
- Probate Estate Administration (as Personal Representative or Executor for Wills)
- Power of Attorney as Agent for Finance (with trust administration)
- Conservatorship of the Estate - (as Conservator for Financial Management)
- Trust Protector and Special Trustee Appointments (for dispute resolution)
- Fiduciary Accounting Preparation
- Bill Payment Services/Daily Money Management (with trust administration)
- Representative Payee and VA Fiduciary (with trust administration)
FAQ
What Education or Credentials Must a Fiduciary Have in Oregon?
To be appointed by the court in Conservatorship and Guardianship proceedings, a Professional Fiduciary must be certified by the Center for Guardianship Certification as a National Certified Guardian or a National Master Guardian (ORS 125.240). To become a National Certified Guardian one must be at least 21 years old and complete a minimum of 20 hours of approved coursework. They must also sit for a comprehensive exam and pass a background check. Every two years they must complete an additional 20 hours of continuing education in order to maintain their certification. See NCG Certification Requirements.
There is no requirement for a Professional Fiduciary offering services as Probate Personal Representative or Trustee to have the NCG Certification or any other specific educational minimums. Technically, anyone could call themselves a Professional Fiduciary and administer Probates and Trusts in the state of Oregon. Therefore, it's very important that you do your research and obtain more information about the Professional Fiduciary's background and experience. You should select a Professional Fiduciary that has relevant experience and NCG Certification. The NCG Certification demonstrates, at minimum, that a Professional Fiduciary has fundamental knowledge in this field, is familiar with fiduciary standards and ethics and that they have passed a background check. Sometimes Professional Fiduciaries outside of California will obtain licensing in California to add a layer of authentication to their credentials, and provide additional peace of mind to their clients. Jennifer is both a National Certified Guardian and a Licensed Professional Fiduciary regulated by the State of California's Professional Fiduciaries Bureau.
There is no requirement for a Professional Fiduciary offering services as Probate Personal Representative or Trustee to have the NCG Certification or any other specific educational minimums. Technically, anyone could call themselves a Professional Fiduciary and administer Probates and Trusts in the state of Oregon. Therefore, it's very important that you do your research and obtain more information about the Professional Fiduciary's background and experience. You should select a Professional Fiduciary that has relevant experience and NCG Certification. The NCG Certification demonstrates, at minimum, that a Professional Fiduciary has fundamental knowledge in this field, is familiar with fiduciary standards and ethics and that they have passed a background check. Sometimes Professional Fiduciaries outside of California will obtain licensing in California to add a layer of authentication to their credentials, and provide additional peace of mind to their clients. Jennifer is both a National Certified Guardian and a Licensed Professional Fiduciary regulated by the State of California's Professional Fiduciaries Bureau.
What Type of Oversight Does a Fiduciary Have in Oregon?
Professional Fiduciary conduct is regulated by the Oregon Revised Statutes and overseen by the Oregon courts. On a regular basis, a fiduciary must account to the court for each matter in which they are serving. A Fiduciary serving on non-court supervised matters must also provide an annual accounting to the client/beneficiary which must be approved. The Center for Guardianship Certification provides the Oregon Judicial Department with the names of all new National Certified Guardians and National Master Guardians and the OJD keeps a running list of those individuals.
How Much Do Fiduciary Services Cost in Oregon?
The type of matter determines the fee. For Decedent Estates, the fee is set out in the Oregon Revised Statute ORS 116.173. Roughly it is $1,200 for the first $50,000 and 2% of amounts over $50,000. For Court Supervised Trusts, Conservatorships and Guardianships, services are billed hourly and payment of these fees must first be approved by the Probate Court to ensure they are reasonable. Trustee fees for Private Trusts can be either 1% of the trust estate’s value per annum or billed hourly, depending on the size and complexity of the matter. Smaller trusts are typically billed hourly with a minimum annual fee. Please contact our office to request more specific fee information pertaining to your particular matter.
How Can I Appoint Jennifer Feehan as My Fiduciary in Oregon?
If you would like to appoint Jennifer Feehan, CLPF, NCG in your estate plan as your Trustee, Executor or Agent Under Power of Attorney you should tell your attorney you have chosen Jennifer to be your fiduciary and provide your attorney with Jennifer's name and contact information. Your attorney should name Jennifer in your documents as follows: "Jennifer Feehan, President of Jennifer Feehan, Professional Fiduciary, Inc." If you are selecting Jennifer as your fiduciary for a court-supervised matter, please contact your attorney to let them know your decision and they will complete the appropriate petition and/or nomination documents requesting Jennifer Feehan, Professional Fiduciary, Inc. to serve as your Trustee or Personal Representative.
Service Area in Oregon
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Jennifer is available for appointment in the following counties:
Deschutes
Jennifer may be available to serve in other counties in the Valley, including Portland, Salem, Eugene and Springfield, or in Eastern Oregon. Please contact her to discuss your matter. |