Fifth Third Private Bank's trust and administration services can help you plan for your future, protect your family, and help you pass on your wealth according to your wishes.
Setting up a trust can:- Give control of inheritance to your heirs at a date when you feel they can handle assets responsibly
- Plan for a child who needs special attention
- Support a charitable cause on an ongoing basis
- Distribute your assets without burdening your heirs
- Provide assets for a spouse who is not interested in navigating today's complex financial markets
- Offer tax benefits
Kevin Whalen, Managing Director of Investment Management & Trust, Fifth Third Private Bank discusses what to look for in a trustee.