"
TCA is an advisor friendly trust company, receiving
3 stars, the highest ranking available
"
Bloomberg
Magazine |
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TCA
TrustCorp America (TrustCorp) is an independent corporate fiduciary
offering personaltrust servicesprimarily in the mid-Atlanticregion.TrustCorp
distinguishes itself through consistent, highly personalized, face-to-face
client service emphasizing the use of trusts and their importance
in sound estate planning. TrustCorp works closely with clients to
provide as much planning, investment and administrative service
as necessary to satisfy all of their estate planning and trust needs.
Free consultations are provided, and, if desired, are tailored to
complement any existing relationship with a financial professional.
TrustCorp
can serve as trustee, successor trustee, agent for trustee, co-trustee,
personal representative, executor, or as agent for personal representative.
While
TrustCorp handles corporate accounts our clients are primarily individuals
who are beneficiaries under an existing trust and are seeking a
new trustee, or individuals who need to create or update their estate
plan. Although many trust companies have established significant
minimum asset levels to initiate a trust, TrustCorp is equipped
to service trusts of all sizes. TrustCorp woks with most types of
trusts including revocable trusts, trusts under will, charitable
trusts and life insurance trusts.
In
1997, TrustCorp acquired the trust department of Taneytown Bank
and Trust and proceeded to offer trust services to its client base.
In April of 1999, TrustCorp entered into a strategic alliance with
Union National Bank of Westminster, MD, to provide trust services
to its customers.
Family
members and friends are frequently named "trustee", in
wills and trust documents. Unless such persons have experience
and
knowledge relevant to the required responsibilities, the duties
can be overwhelming. The Corporate Trustee, like TCA, does not
get
distracted, become incapacitated, go on vacation or die. It performs
all of the administrative, accounting, financial and tax record-keeping
duties necessary to discharge the requirements specified in the
trust documents.
Most
of TrustCorp's DTC securities are held under a custody agreement
with The Bank
of New York, or such other custodian (i.e. Schwab, Fidelity,
etc.) as chosen by TCA to best meet the client's goals. Through
this arrangement, TrustCorp's clients are then able to work with
outside money managers and investment advisors who are able to provide
a higher level of results oriented service because they specialize
and focus solely on the client's needs.
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