Personal Trust Services

Trustee · Successor Trustee · Services for Trustee · Custody Service · Investment Management · Estate Settlement

Trustee

Taking Over the Duties of a Trustee

When you name us as successor trustee, we'll take over the duties of trustee if you die, become incapacitated or simply decide to spend your time on other matters. Naming us as successor trustee ensures permanent, continuous professional management and administration of your trust assets according to the terms of the trust and for the benefit of the beneficiaries.

Learn more about the trustee services we provide when we take over the trust administration.

Successor Trustee

Naming a Successor Trustee for Your Trust

Although being named successor trustee of your trust may seem like an honor to your family or friends, when the time comes, taking over the day-to-day financial duties of a trustee may quickly lose its appeal. That's because making investment decisions, paying bills, maintaining records and preparing tax documents for someone else's financial livelihood can be time-consuming and challenging, not to mention stressful.

That's why you may want to consider naming Bancoii Trust as successor trustee.

Services for Trustee

Custody Service

With our custody services you continue to manage the investments in the account while we relieve you of the burden some and time-consuming administrative duties involved with the custody account.

The chart below gives an overview of the ways in which we may be able to help:

Investment Management

Managing Your Investment Portfolio

If you're an investor or an individual serving as a trustee who's managing an investment portfolio, you may feel that managing the investments requires more time and expertise than you may have or that it's more responsibility than you're willing to take on.

Consider Our Investment Management Services

When you take advantage of our investment management services, we can take on most or all of the day-to-day duties of managing the investment portfolio.That includes:

Making all investment decisions (or making investment recommendations to you)
Paying bills
Collecting and reinvesting interest, dividends and capital gains
Safe keeping of the assets
Preparing an annual tax information letter
Voting proxies

We'll also provide you with monthly statements that account for all transactions,principal and income.

Choosing Us as Investment Portfolio Manager

When we serve as your investment portfolio manager, you can determine how much involvement we have with managing the investments. We can manage the min one of two ways:

Discretionary basis. You give us the authority to make decisions about how, when and where to invest the assets, which frees you from the day-to-day responsibilities associated with managing a sizable portfolio.

Non discretionary (or advisory) basis. We offer specific recommendations for managing the investments within the portfolio, but you make all the final decisions.

Learn More About Our Investment Management Services

Please contact us or your independent financial adviser for more information about our investment management services.

Estate Settlement

The executor is the person named in a will who is responsible for managing the estate-settlement process according to the terms of the will. That includes:

Locating documents (e.g., wills, deeds, trusts, titles)
Notifying affected companies and government entities of the death [e.g. Social Security, etc.]
Taking inventory of assets and collecting personal property
Collecting dividends, interest, and other income and proceeds
Collecting debts and paying debtors
Accounting for all transactions
Distributing the estate's assets as provided in the will

This is just a broad listing of an executor's duties. The process of estate settlement can be more daunting and time-consuming for individuals in an international space, when the estate are in several countries. That's why we offer our estate settlement services to individuals who are naming an executor as well as those who have been selected to serve in the role of executor.