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Trust Company - What Is It, Benefits, Examples, Services, Vs Bank
What Is A Trust Company? A trust company is a legal set up established or chosen by the grantor (an individual or entity) to manage assets and wealth for a certain period. It helps affluent investors who do not have the time or experience to manage their assets.
What Is a Trust Company, and What Does It Do? - SmartAsset
A trust company is an entity, often a division of a commercial bank, that can serve as an agent or trustee to either a personal or business trust. Rather than choosing an individual to act as trustee, a trust company can fill the same role.
Trust company | Legal Corporation, Financial Services & Asset Management
trust company, corporation legally authorized to serve as executor or administrator of decedents’ estates, as guardian of the property of incompetents, and as trustee under deeds of trust, trust agreements, and wills, as well as to act in many circumstances as an agent.
What Is a Trust Company? | Definition, Services, & Benefits
Choosing a trust company can provide greater flexibility, increased asset protection, professional asset management, and reduced taxes and administrative costs. When selecting a trust company, consider its experience, reputation, fees, size, and location.
Trust company - Wikipedia
A trust company is a corporation that acts as a fiduciary, trustee or agent of trusts and agencies. A professional trust company may be independently owned or owned by, for example, a bank or a law firm, and which specializes in being a trustee of various kinds of trusts.
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