Do you have a written plan in place for the ongoing management of your financial resources both during your lifetime, your incapacity and then the plan for the disposition of your assets for your family, your church or other charity?
The Private Trust Company, N.A., (PTC) provides trust administrative services for individual and family assets. Licensed in all 50 states under its 1995 national banking charter, the bank does not engage in any lending or deposit taking, therefore specializing solely in providing fiduciary services.
“The Private Trust Company does not provide day-to-day investment management for trust assets. Instead, PTC allows clients to delegate money management services or maintain their relationship with their financial advisors for investment management. PTC serves in an administrative corporate trustee role, providing all record keeping, accounting and tax preparation; also, PTC ensures that trusts are managed and distributions occur according to the terms of the trust document.”