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.