|
Trustee and Fiduciary Services
All estate plans, from simple wills to complex trust arrangements, require someone to administer the affairs and manage the assets of the estate. By utilizing Montecito Bank & Trust, clients ensure that their estate plan is carried out in a highly professional and efficient manner. Unlike family members or friends, who may lack the time, interest, expertise, or resources to handle such matters, the bank is always ready to
serve when needed.
Montecito Bank & Trust also has particular expertise with complex tax and investment matters. Mismanagement in these areas by inexperienced individuals
may cost estates large sums of money in unnecessary taxes and penalties, as well as missed investment opportunities.
The bank’s complete
range of services in estate administration and investment management
generally costs less than the annual fees an investor would pay to own an actively managed mutual fund. Plus, we
are experienced at handling all types of assets including cash, stocks, bonds, real estate, mutual funds, limited partnerships,
and family-owned or privately-held businesses. All these services are available during the client’s lifetime, or can be activated upon their passing.
|
