Services

What We Do

Supporting a wide variety of trust structures at every stage of their lifecycle.

A trust is more than a document. It is a legal relationship that must be actively managed, often for many years: assets marshaled, claims and disputes resolved, funds distributed as intended. We support every stage, as broadly or as narrowly as you need.

Trustee Services and Trust Administration

Independent Trustee

Sole or co-trustee for trusts at any stage, either at formation or as successor.

Trust Administration

Day-to-day administration for trustees, counsel and other fiduciaries, including recordkeeping, accounting, beneficiary communications, tax coordination and disbursements, engaged in full or by function.

Paying Agent & Disbursement Services

Receipt, safekeeping and disbursement of settlement proceeds, holdbacks, earn-outs and contingent payments, with funds maintained in segregated accounts at FDIC-insured depository institutions or qualified custodians.

Settlement Administration and Advisory

Settlement Program Design

Allocation plans, claims criteria and distribution waterfalls, structured with counsel before a settlement is finalized.

Claims Administration Oversight

Development of claims administration plans and independent monitoring of the claims administrator’s performance, cost and accuracy.

Notice Program Consulting

Independent review of proposed notice plans for reach, cost-effectiveness and consistency with due-process and court requirements.

Distribution Planning & Audit

Independent validation of claim determinations, payment calculations and distribution reports before funds are released.

Trust Relationships We Serve

First and Third-Party Tort Settlement Trusts

Administration of trusts holding personal injury and other tort recoveries, on behalf of the trustee, whether funded with the injured party’s own settlement proceeds or established by others for that party’s benefit, managed to preserve the recovery over the beneficiary’s lifetime.

Special Needs Trusts

Administration of first- and third-party special needs trusts on behalf of family and corporate trustees, with distributions made to supplement, not replace, public benefits and careful attention to Medicaid and SSI eligibility rules and payback requirements. Individual co-trustee service is available where appropriate.

Wind-Down & Liquidating Trusts

Administration of the remaining assets and liabilities of a dissolved or sold business, from ongoing claims resolution and asset monetization through distributions to creditors and equity holders over the life of the trust.

Litigation Trusts

Prosecution and oversight, through retained counsel, of assigned causes of action, insurance recoveries and contingent claims for the benefit of trust beneficiaries.

Chapter 11 Fiduciary Roles

Service as trustee of liquidating, litigation and creditor trusts, or as plan administrator, including serving as responsible person, claims reconciliation, distributions and post-confirmation reporting.

Corporate Dissolution

Support for companies winding down outside bankruptcy, from a plan of dissolution, creditor notice and reserves for known and contingent liabilities through post-dissolution administration, final tax returns and records retention.

Hill Street Settlement Advisors LLC is not a bank or chartered trust company.

Let’s Connect

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