At Reliance we are committed to bringing you the best in personal trust services, focusing on your needs as our highest priority. Your personal trust officer is available to provide information and assistance on any number of different financial and estate planning matters. Whether your financial needs are simple or complex, our professionals have the resources and experience to manage your finances and trust accounts successfully.

Why Reliance?

Personalized Service - One client, one trust officer
Investment options tailored to meet your specific needs
Experienced and stable administrative staff

Reliance will work with you to ensure you are completely satisfied with your trust activities. We will coordinate all of your personal trust needs and work with you and your legal and tax advisors to design and implement the right program for you whether it is an investment strategy, tax plan or any other trust service you require. We ensure that all record keeping for your account is timely, accurate, and in accordance with the provisions of your trust.

Our Personal Trust Services Include:

Revocable Living Trusts - A revocable living trust is an arrangement made for the management of your assets during your lifetime and ultimate disposition upon death. Reliance will consult with you to determine the appropriate investments for your trust. The trust can be altered as needed at any time and you can have as much or as little control, contact and responsibility as you desire.
Charitable Remainder Trusts - A charitable remainder trust allows you to transfer assets during your lifetime and receive a charitable deduction for the contribution. During your lifetime you will receive a distribution of income. This type of trust may reduce current income tax liability and when the last surviving beneficiary dies, your chosen charity receives the remaining principal.
Testamentary Trusts - A testamentary trust becomes effective upon your death. Typically your legal will includes language that creates the trust at death and specifies your wishes in writing. Your trust can help provide sound financial management for your heirs.
Special Needs Trusts - A special needs trust is established for a disabled or incapacitated person. The assets in the trust are set up so that the disabled person is still eligible for federal and state government financial support services.
Irrevocable Life Insurance Trusts - An irrevocable life insurance trust (ILIT) is designed to move insurance benefits out of your estate and into the hands of your beneficiaries. By establishing an ILIT, life insurance benefits will pass to the trust and will not be taxed in your estate under present regulations. These trusts can be complex and should be handled by an expert in trust administration.
Financial and Tax Planning - Our comprehensive advisory services cover everything from income, gift, estate and inheritance taxes seeking to provide you with the knowledge you will need to create an overall wealth management plan.

Benefits of Creating a Trust

Ensures that assets are professionally managed should you become incapacitated
Minimizes estate and gift taxes
Keeps your estate private and avoids probate when it passes on to your heirs

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