West Palm Beach, Florida
Fiduciary Real Estate Advisors LLC accepted responsibility as successor trustee of a personal trust account which included among its assets, 300 acres of vacant land located in West Palm Beach, FL. The property was contaminated due to illegal dumping. The prior trustee was issued a citation by the Florida Department of Environmental Protection and ordered to remove the debris and clean-up the property as soon as possible. Fiduciary Real Estate Advisors, worked with Massachusetts and Florida counsel, contractors and law enforcement agencies to negotiate an acceptable consent order with the DEP and to arrange for remediation of the property. The consent order was completed and the property was successfully marketed and sold by Fiduciary Real Estate Advisors. The parties responsible for the illegal dumping were prosecuted.

Charlton, Massachusetts
Fiduciary Real Estate Advisors LLC accepted appointment from Worcester Probate Court to serve as independent trustee of a personal trust account written in accordance with a divorce settlement agreement. Fiduciary Real Estate Advisors arranged for the transfer of multiple real property assets, subject to a long-term ground lease, to an irrevocable trust where both parties held beneficial interests. We assumed responsibility for rent collection, mortgage loan payments and monitoring of the lease terms. Fiduciary Real Estate Advisors worked with counsel to re-write and negotiate new lease terms favorable to the trust and to the beneficiaries.

Volusia County, Florida
Fiduciary Real Estate Advisors LLC serves as general manager for approximately 1600 acres of land in Astor, Florida held as an asset of a revocable, personal trust. We are engaged to oversee the development of approximately 200 acres of this property into a hunting and fishing resort. Our responsibilities include construction of buildings, docks, roadways and common areas as well as the day to day management of the site. Fiduciary Real Estate Advisors has worked closely with local contractors, attorneys, engineers and all regulatory agencies to facilitate the development of the property and has attended on site meetings and submitted proposals to local planning, zoning and assessing departments.

Needham, Massachusetts
Fiduciary Real Estate Advisors LLC was engaged to clean-out, repair and market a single-family antique dwelling that was severely damaged due to flooding caused by burst water pipes. Fiduciary Real Estate Advisors arranged for and supervised the many contractors needed to remedy the situation. We worked with the fiduciary and the insurance adjuster to negotiate an acceptable loss settlement.

Transfer of large real estate asset from divorce settlement
Fiduciary Real Estate Advisors LLC accepted Probate Court appointment as an independent Trustee in connection with a complex divorce settlement. We completed the transfer of a large real estate asset, subject to a long term lease, from the husband to the newly formed Trust and prepared a plan for the continued management of the property. We also assumed control of the income and payment of expenses associated with the real estate.

Served as expert witness in litigation of two large national banks
Fiduciary Real Estate Advisors LLC has provided services as an expert witness in connection with litigation involving the Trust Real Estate departments of two large national banks. The expertise and experience of our Managing Director enables us to provide expert opinions and advice to banks regarding their responsibilities to manage trust assets and to satisfy requirements of the Comptroller of the Currency relating to real estate held in a fiduciary capacity.

Advisor and general manager for private bank client
Fiduciary Real Estate Advisors LLC serves as advisor and general manager for a private bank client who has substantial real estate holdings in Florida. Included in these holdings is a large tract of land in North Central Florida that is currently being developed as a resort and marina complex. We serve as general manager for the project providing counseling, mediation and oversight in connection with the construction of buildings, boat slips and other related improvements. Fiduciary Real Estate Advisors LLC provides review of employee contracts and scope of work proposals from contractors and vendors and works with state, county and local regulatory agencies to secure necessary permits and approvals for the development.

Residential and commercial property sales
Fiduciary Real Estate Advisors LLC has successfully negotiated and completed several sales of residential and commercial properties for clients. We coordinated the services of various professionals in connection with these sales and we handled all aspects of the transactions from preparing the properties for sale to scheduling and attending the conveyance. Fiduciary Real Estate Advisors LLC serves as escrow agent for deposits held in connection with purchase and sale agreements or for security deposits relating to income producing properties.

Serve as successor Trustee of an irrevocable Trust
Fiduciary Real Estate Advisors LLC is currently serving as successor Trustee of an irrevocable Trust with significant assets including parcels of undeveloped land in various locations in Florida. One parcel, consisting of approximately 200 acres, was subject to litigation resulting from trespassing and illegal dumping. After being issued a Notice of Responsibility from the Florida Department of Environmental Protection, we negotiated a Consent Order with the DEP and arranged for the remediation of the site. Fiduciary Real Estate Advisors LLC worked closely with representatives of the DEP, local attorneys, and Florida law enforcement agencies to complete the Consent Order and to prosecute the parties responsible for the illegal dumping.

Cambridge, Massachusetts
Fiduciary Real Estate Advisors LLC provided assistance to two co-administrators with the cleaning, repairing and marketing of a large Victorian style dwelling. We worked closely with the co-administrators, legal staff and multiple beneficiaries to resolve a very complicated title matter and we were able to secure suitable insurance for the property when the existing carrier declined to renew the policy because the property was vacant.