Maxwell Coughlin

Practice

My background in estate planning goes back to joining Exchange Bank’s Trust & Investment Management team back in December of 2020. Since then, I have assisted with the administration of numerous estate settlements, ongoing trusts, and investment agency accounts. Initially, I worked primarily on the day‑to‑day necessities: liquidity management and accountings, regulatory review and compliance, correspondence with service providers and beneficiaries, and safeguarding and collecting personal property and financial assets to settle estates are examples. Along the way, I completed Cannon Financial Institute’s Trust School and passed the CTFA exam, earning my designation in around three years. As my skills grew, I became more involved and took initiative with more complex areas of trust administration and estate settlement. Currently, I have a small book of varied accounts that I spearhead. I desire to become more connected to the estate planning community at large; to further my skills, build connections, and to learn from experts of their fields.

Areas of work

• Administering estates and trusts
• Analyzing proposed transactions for estate and gift tax implications
• Developing plans to conserve assets during lifetime and at death
• Preparing estate and gift tax returns
• Preparing fiduciary accountings
• Preparing fiduciary income tax returns
• Probating wills and administering estates

At the council

Attends the dinner meetings through the October–May season and is listed in the member directory by discipline.