trust banks
A trust bank is a financial institution that specializes in managing and safeguarding assets on behalf of individuals, businesses, and organizations. These banks offer services such as estate planning, investment management, and fiduciary services, ensuring that clients' financial interests are protected and properly managed. Trust banks often serve as trustees, overseeing the distribution of assets according to the terms of a trust agreement.
In addition to traditional banking services, trust banks may also provide wealth management and financial advisory services. They play a crucial role in helping clients navigate complex financial situations, ensuring compliance with legal requirements, and maximizing the value of their investments over time.