The areas of responsibility for trust administrators, trustees, tax advisors, and accountants—or financial and accounting specialists—are closely related and overlap to some extent. They all deal, to varying degrees, with bookkeeping and financial statements, payroll accounting, social security, taxes, and legal issues. Anyone interested in pursuing continuing education to become a trust administrator must answer two key questions: Is the field of accounting, trust services, and taxes the right fit for me? And within this field, is trust administration truly my calling?
The following self-assessment will help you determine your suitability for a career in accounting, trust services, or tax consulting based on your answers: