About Carolyn M. Young Fiduciary Services
Carolyn M. Young owns her own fiduciary-services business
in Sacramento, California. As a fiduciary-services
provider, she maintains membership in the Professional
Fiduciary Association of California (PFAC), the
organization which oversees such professionals. In order
to become a member of PFAC, she underwent thirty hours of
fiduciary training and must continue to take 15 additional
education hours each year. As a member of this organization,
Carolyn M. Young is required to meet many professional
standards, chief among them to work to protect each client’s
legal and civil rights, make decisions that augment and
protect the rights of each client, and give the client the
chance to be as independent and autonomous as possible.
Carolyn M. Young takes the fiduciary services she provides
seriously, since the role involves acting as a trusted
guardian. In fact, as a fiduciary, she is responsible for
$75 million in total assets and makes decisions to sell or
rent real estate, sell or store personal property, and invest.
She also files clients’ tax returns each year and on the
closing of their estates. In the event of a client’s death,
Carolyn M. Young is responsible for administrating the trust,
paying debts, and making distributions set forth in the trust.
She also administers special needs trusts, which many create
when they have a child living with disabilities.
While providing fiduciary services has been Carolyn M. Young’s
business for the past two and a half decades, it is also
something she does to give back to her community and her
clients. Carolyn M. Young has a policy of continuing to offer
her fiduciary services even when a client’s funds run out. If
this occurs, she responds by applying for government assistance
for her client and continues to serve as a fiduciary without
pay. With this commitment to serving her clients, those hiring
or recommending Carolyn M. Young as a fiduciary-services
provider can rest assured that she is committed to the highest
level of service and ethical standards.