Personal trust

Personal trust

An interest in an asset held by a trustee for the benefit of another person.
References in periodicals archive ?
Global Banking News-September 4, 2014--Associated Bank names vice president and personal trust manager
California-based City National Bank (NYSE: CYN) has named attorney Leigh Shipp Muniz as vice president and chief fiduciary officer for its Personal Trust Services division, which is part of the bank's Wealth Management Services (WMS) group.
In AIDS we already have networks built on personal trust and long-time working relationships, and these function well.
We will also market personal trust services to customers of small and midsize banking organizations through our affiliate, Primevest Financial Services," said Patrick Mazorol, president and chief executive officer of the bank.
Has the company recently entered into personal trust management?
Personal trust services provided by McDonald Trust will include irrevocable and revocable personal trusts, asset protection trusts, credit shelter trusts, generation skipping transfer trusts, dynasty trusts and irrevocable life insurance trusts.
John Bahnken, head of Wealth Management Group and senior executive vice president at the bank, said, 'We are a valued advisor to affluent and high net worth individuals and families across the United States, and personal trust services have long been the cornerstone of our relationship with clients.
Hartford Bank will begin operations around midyear, offering institutional and personal trust services, the company said.
where he was most recently Regional Head of Personal Trust, responsible for more than 20 trust offices with assets of $11 billion.
Global Banking News-30 June 2010-City National Bank names head of Personal Trust Services division(C)2010 ENPublishing - http://www.
The new endorsement, however, also extends personal property coverage to the additional insured, thus filling a coverage gap that can exist when a personal trust or other entity owns furnishings and other personal property in a home.
Clients will also now be able to take full advantage of Delaware's favorable trust laws as well as an expanded product that line that includes personal trust, retirement plan and institutional account services.

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