Directed Trusts

Helping to maintain trust assets for generations

We understand that many clients have long-term relationships with their investment advisors, and would like to maintain investment-management continuity as assets are passed down to future family generations in trust.  Our Directed Trustee Service addresses this and other issues by allowing the investment management responsibility for the trust to be separated from the other fiduciary duties.

As a Trustee for your trust accounts, our services include:

  • Administration of the trust according to the trust document
  • Preparing and filing federal and state fiduciary income tax returns
  • Safekeeping of trust assets
  • Collecting dividend and interest payments
  • Distribution of income and principal
  • Fiduciary accounting and record-keeping
  • Annual administrative account reviews

Your clients can experience the difference of Canandaigua National Trust Company: 

  •  Minimum asset requirement of $500,000 
  • Trust experts averaging more than 20 years of experience 
  • Two separate, independent professionals serving and monitoring wealth management needs 
  • Peace of mind in knowing that their trust assets will be secure for generations 

For more information, contact Paul today.  

P Tarantino  Paul Tarantino
941.366.7222 ext. 50720
ptarantino@cnbank.com 

The financial advisors of Canandaigua National Trust Company of Florida (CNTF) offer trust and estate services, investment management solutions, IRAs, and fiduciary services to Greater Sarasota and Florida West Gulf Coast communities. 

 

Canandaigua National Trust Company of Florida is an affiliate of Canandaigua National Bank & Trust. 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. Investments are not bank deposits, are not obligations of, or guaranteed by Canandaigua National Bank & Trust, or Canandaigua National Trust Company of Florida and are not FDIC insured. Investments are subject to investment risks, including possible loss of principal amount invested. Investments may be offered through affiliate companies.

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