A tool to gain control over your estate
A trust is a contract that gives an individual or an institution—like U.S. Bank, for example—the authority to hold legal title to assets while managing them for the benefit of others.
Trusts can help you ensure that your assets are distributed and managed according to your wishes. In certain circumstances, trusts may also create other benefits such as tax efficiencies.
Participants
Services
Corporate trustee
Many grantors choose a corporate trustee to manage their trusts and settle their estates. For example, U.S. Bank has been administering trusts as a corporate trustee for over 100 years. Here’s what a corporate trustee does:
Financial Matters
Trust Considerations
When you set up a trust you encounter a variety of critical financial issues.
Asset management
Invest in ways that are consistent with your investment objectives and intent.
Learn about our approach to investing
Estate planning
Work with tax and legal advisors to ensure your estate plan is comprehensive and properly documented.
Tax management
Deliver tax information for personal income tax filing purposes; file tax returns for irrevocable trusts and provide required documentation to beneficiaries.
Privacy maintenance
Protect personal matters from the public—including the identity of beneficiaries, statement waivers and sealed court documents—to avoid public court accountings.
Philanthropic planning
Arrange for gifting to charitable organizations.
Learn about our approach to charitable giving
Situs considerations
Consider options regarding governing state law for irrevocable trusts.
Insights
Types of trusts
Some trusts can be modified after they are created, while others are irrevocable after they are legally established.
Trust and estate planning
Read various featured articles on the topics of trusts and estate planning.
Your guide to trust planning
This guide will help you understand what trusts are and what they can mean for your financial future.
