Estate Administration is an arrangement by which the bank serves as the sole executor or as the co-executor for an estate. UB Trust Division employs professionals to handle all the legal, tax and investment-related issues of the estate in accordance with the wishes and desires stated in the will.
Benefits of this service include:
- Peace of mind knowing that all requests will be performed properly and prudently according to the will.
- Confidence that the last requests of the deceased will be carried out in an impartial manner by professionals.
- A sense of security knowing that the estate's assets will be handled prudently and that all tax-related concerns will be appropriately addressed.
- Money saved on estate taxes so more of the estate will pass to the heirs.