A person working as a Trust Administrator in will on average earn $52058 per year (pre-tax value). Salary is provided in USD ($/dollar) value.
Below is a break-down of yearly, monthly, weekly and hourly rate.
| Rate Type | Amount (USD) |
|---|---|
| Yearly salary | $52,058.00 |
| Weekly salary | $1,001.12 |
| Daily salary | $142.62 |
| Hourly salary | $17.83 |
This means trust administrator salary is above average!
Job Industry: finance
Description: A trust administrator is responsible for managing and overseeing the administration of trusts on behalf of beneficiaries. They ensure that the terms of the trust are followed, assets are properly managed, and distributions are made according to the trust's instructions. Trust administrators handle various tasks such as record-keeping, tax compliance, investment management, and communication with beneficiaries and other stakeholders. They work closely with attorneys, accountants, and financial advisors to ensure that the trust's objectives are met and legal requirements are fulfilled.
Tagged with: trust administration, asset management, beneficiary communication, tax compliance, investment management, record-keeping