Our non-commissioned fiduciary professionals administer trusts of all sizes and
structures, helping to preserve and maintain family wealth since 1919. With a rich
heritage and focus on building long-term relationships, CNB is a confident choice as
Trustee.
Common Types of Trusts:
- Revocable Living Trusts - Created
during the lifetime of the Grantor, but can be altered.
- Irrevocable Trusts - Cannot be
altered, changed, modified or revoked after its creation.
- Charitable Trusts - Benefits a
particular charity or the public in general.
- Testamentary Trusts - "Trust
Under Will"; funded
from estate assets to fulfill your wishes.
- Special Needs Trusts - For
beneficiaries with disabilities while maintaining essential needs-based
government benefits.
- Grantor Retained Income Trusts -
Allows a person to remove assets from their taxable estate while maintaining
an income interest.
- QTip Trusts - Enables the
Testator to provide for a surviving spouse and direct disposition of the
assets at the death of that spouse.
- Qualified Personal Residence
Trusts - An irrevocable trust to hold your residence and
remove its value from your taxable estate.
Team of Experienced Trust Experts
Distinguished professional who have advanced degrees and professional certifications
with over 196 years of combined experience.
Regular Reviews
We will meet with you regularly to review your trust, making adjustments based on
changes in your life.
Full Fiduciary
Responsibilities
We can fulfill all fiduciary duties including investment management, tax returns,
accountings, and distribution.
Disciplined and Personalized
Investment and financial planning solutions available depending on your situation.
Discover the CNB difference.
As the only local, full-service, community-owned financial institution in the Greater
Rochester Area, CNB is investing in you, your business, and your community. Our CNB
Wealth Management is here to service individuals, families, businesses, foundations, and
not-for-profits. Their expertise includes investments, financial planning, trust &
estate, retirement, institutional, private banking, family wealth and more. With a local
presence and commitment to concierge-level service, they will deliver an experience that
exceeds expectations.