Does LPL Financial have a trust department?

At LPL, you can confidently provide trust services for your clients through our affiliate, The Private Trust Company, N.A. (PTC). With PTC, you know you're offering quality advice, as you'll work in collaboration with experts in the implementation of trust and estate plans.

Does LPL have a trust company?

LPL Financial affiliate company, The Private Trust Company, was named to WealthAdvisor's annual list of America's Most Advisor-Friendly Trust Companies for the fifth year in a row.

Suffolk New York Private Trust Company

Name: Suffolk New York Private Trust Company
Brand: US Legal Forms
Rating: 4.69 (320 reviews)

Category:

Trusts

State:

Multi-State

County:

Suffolk

Control #:

US-1340752BG

Format:

Instant download

Description

The two major categories of trusts are private trusts and charitable trusts. There are no magic words that the Trustor has to use in order to establish a trust.

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FAQ

Trusts have many varied uses and benefits, primary among them: 1) ongoing professional management of assets; 2) reduction of tax liabilities and probate costs; 3) keeping assets out of a surviving spouse's estate while providing income for life; 4) care for special needs individuals; 4) protecting individuals from poor

Private trust companies are designed to preserve ownership of family wealth, which may include business assets, real estate, alternative assets such as hedge funds or private equity. These assets are managed by the trustee in accordance with the wishes of the family.

A trust company is typically tasked with the administration, management, and the eventual transfer of assets to beneficiaries. A trust company acts as a custodian for trusts, estates, custodial arrangements, asset management, stock transfer, and beneficial ownership registration.

A trustee takes legal ownership of the assets held by a trust and assumes fiduciary responsibility for managing those assets and carrying out the purposes of the trust.

Trust funds include a grantor, beneficiary, and trustee. The grantor of a trust fund can set terms for the way assets are to be held, gathered, or distributed. The trustee manages the fund's assets and executes its directives, while the beneficiary receives the assets or other benefits from the fund.

At LPL, you can confidently provide trust services for your clients through our affiliate, The Private Trust Company, N.A. (PTC). With PTC, you know you're offering quality advice, as you'll work in collaboration with experts in the implementation of trust and estate plans.

LPL Financial affiliate company, The Private Trust Company, was named to WealthAdvisor's annual list of America's Most Advisor-Friendly Trust Companies for the fifth year in a row.

A private trust company, also known as a family trust company, is an entity that provides trust and fiduciary services to a single-family group. It is a state chartered, regulated entity and, as such, is prohibited from doing business with the general public.

Creating a Private Trust can be fast and easy. It begins with the Grantor penning a Declaration of Trust (Trust Agreement). This is also known as Executing a Deed (called a Trust Deed). The written document outlines the conditions that relate to the management and control of assets.

As an investment advisor, LPL has a fiduciary responsibility to its advisory clients and, as such, is obligated to act in the best interests of clients and make full and fair disclosure of all material conflicts of interest.

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Atlantic Union Bank offers a variety of Personal Banking services including accounts, lending, credit cards, online banking and more. Simplify your financial life with convenient personal banking, credit cards, mortgages, loans, investment and insurance solutions.Langley is member-owned and non-profit. Locations include Hampton, Newport News, Williamsburg, Chesapeake, Isle of Wight, Norfolk, Suffolk, and VA Beach. But it may be possible to establish a private family trust company in a jurisdiction other than where you live. Congrats to Donna Lillie for receiving the Executive Circle Award from Long Island Business News. Unlike assets in a testamentary trust, the assets transferred to a revocable living trust during the grantor's lifetime are not subject to probate.

Suffolk New York Private Trust Company

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What is the advantage of a trust?

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Does LPL Financial have a trust department?

Does LPL have a trust company?

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Is LPLA fiduciary?

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