Since 1919, many in our community have confidently selected our professional trustee services for holding their trust assets, responsibly and in good faith, for their beneficiaries. On average, our trust and estate professionals have more than 20 years of experience to assist you with trust and estate planning, education and advice, and charitable giving. We understand the importance of being a Trustee, and accept full fiduciary responsibility for your trust:
- Administer the trust document
- Prepare and file fiduciary income tax returns
- Provide safekeeping of trust assets
- Collect dividend and interest payments
- Manage income and principal distributions
- Execute fiduciary accounting and recordkeeping
- Conduct annual administrative account reviews
Questions to Consider When Selecting a Trustee or Executor
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Family/
Friend
|
Professional
|
Canandaigua National
Bank & Trust
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| Do they understand your needs and the needs of your beneficiaries? |
Yes
|
Maybe
|
Yes
|
Will they act in an impartial, objective manner?
|
Maybe
|
Maybe
|
Yes
|
| Do they have the necessary financial expertise? |
Maybe
|
Yes
|
Yes
|
| Can they assure the safety of your assets for future generations? |
Maybe
|
Maybe
|
Yes
|
Will they provide technical and administrative services such as proper recordkeeping, transaction processing, tax return preparation, etc.?
|
Maybe
|
Yes
|
Yes
|
| Do they respect the privacy of you and your family? |
Maybe
|
Yes
|
Yes
|
Are they a stable organization with a strong continuity of management?
|
N/A
|
Maybe
|
Yes
|
Do they have tenured and experienced Trust & Estate professionals dedicated to your account?
|
N/A
|
Maybe
|
Yes
|
Let's take the time to get acquainted and give your estate plans deserved attention.
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If you would like additional information, please use the contact us form or if you would like to speak with a Financial Services Professional, please call 585.419.0670.
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This material is provided for general information purposes only and is not a recommendation or solicitation to buy or sell any particular security, product or service. Past performance is not indicative of future investment results. Any investment involves potential risk, including potential loss of capital. Before making any investment decision, please consult your legal, tax and financial advisors. Non-deposit investment products are not bank deposits and are not insured or guaranteed by Canandaigua National Bank & Trust, or any federal or state government or agency and are subject to investment risks, including possible loss of principal amount invested.