|
For more than 100 years, U.S. Bank's team of fiduciary professionals has been working with clients and their legal and tax advisors to provide planning and investment advice.
Private Select Capital Line
A flexible line of credit designed to meet the borrowing and liquidity needs of clients who have a personal trust account. The line of credit is based on the value of the securities held in custody by the Private Client Group. Learn more
Back to Top
Estate planning
For many people, estate taxes will be the largest single tax they ever face. Good estate planning will preserve your assets, transfer wealth as you desire and minimize income and estate taxes. Private Client Group can work with your advisors to help create a strategic estate plan that addresses your particular circumstances.1
Back to Top
Living trust
A living trust provides uninterrupted management of your assets if you become ill, incapacitated or die. You can have your assets managed by professionals within the guidelines of an individualized investment plan you create. Your assets are managed according to your direction during your lifetime and, in the event of your death, your estate is managed and distributed according to your objectives.
Unlike a will, a living trust is not subject to the expense or time delays of probate if all of your assets are held in the trust. A living trust is also confidential and is not a matter of public record.
Back to Top
Irrevocable Life Insurance Trust
A trust vehicle that may allow you to create non-taxable liquidity to meet estate needs. By taking advantage of annual gift tax exclusion amounts, you may gift assets to the trust, which are used to purchase insurance on your life. Upon your death, the policy proceeds are paid to the trust and are not subject to estate taxes.
Back to Top
Charitable remainder trust
A trust vehicle that may provide an effective, tax-advantaged means of accomplishing your philanthropic objectives. You make a gift to the trust, claim a charitable deduction on your income taxes, and receive income payments for life or for a term of years for you or another person you name, based on the value of the trust assets. When the obligations to the income beneficiaries have been fulfilled, the remaining trust assets pass to the charities you designate.
Back to Top
Rollover IRA
Depending on your individual situation, another option for your retirement funds would be to rollover your private plan or 401(k) to an IRA where U.S. Bank Personal Trust serves as trustee and provides investment management and other value-added services.
Back to Top
Investment Agency account
Two options are available for your investment management needs:
- An advisory relationship allows you to stay involved in the management of your assets. A portfolio manager provides recommendations and options, but you make the decisions along the way.
- A managed relationship allows you to provide guidelines as to how you would like your assets managed. A portfolio manager oversees the assets in accordance with those guidelines and meets with you periodically.
Back to Top
For more information, contact the Private Client Group
|
