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    Trust Banking

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    Nina Cruz
    The document defines a trust as a legal entity that acts as a fiduciary or agent on behalf of a person or business to manage and transfer assets to beneficiaries. It originated in England and the first US trust institution was established in 1818. The Philippine Trust Company was founded in 1916. A trust typically involves a trustor, trust property, trustee, beneficiary, and intent. There are living trusts created during one's lifetime and testamentary trusts that take effect after death.

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    Trust Banking

    Uploaded by

    Nina Cruz
    57 views12 pages
    The document defines a trust as a legal entity that acts as a fiduciary or agent on behalf of a person or business to manage and transfer assets to beneficiaries. It originated in England and the first US trust institution was established in 1818. The Philippine Trust Company was founded in 1916. A trust typically involves a trustor, trust property, trustee, beneficiary, and intent. There are living trusts created during one's lifetime and testamentary trusts that take effect after death.

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    The document defines a trust as a legal entity that acts as a fiduciary or agent on behalf of a person or business to manage and transfer assets to beneficiaries. It originated in England and the first US trust institution was established in 1818. The Philippine Trust Company was founded in 1916. A trust typically involves a trustor, trust property, trustee, beneficiary, and intent. There are living trusts created during one's lifetime and testamentary trusts that take effect after death.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    57 views12 pages

    Trust Banking

    Uploaded by

    Nina Cruz
    The document defines a trust as a legal entity that acts as a fiduciary or agent on behalf of a person or business to manage and transfer assets to beneficiaries. It originated in England and the first US trust institution was established in 1818. The Philippine Trust Company was founded in 1916. A trust typically involves a trustor, trust property, trustee, beneficiary, and intent. There are living trusts created during one's lifetime and testamentary trusts that take effect after death.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 12

     A legal entity that acts as fiduciary,

    agent or trustee on behalf of a person


    or business entity for the purpose of
    administration, management and the
    eventual transfer of assets to a
    beneficial party.
     Originated in England
     1818 - charter of the first trust
    institution was created in US.
     1916 - Philippine Trust Company
    Christianity
    a. God – Trustor
    b. Jesus Christ – Trustee
    c. Christian – Beneficiaries
    d. Save the humanity - Intent
    1. Trustor
    2. Trust Property
    3. Trustee
    4. Beneficiary
    5. Intent of Trust
    1. Living Trust – set-up during your
    lifetime.
    a. Revocable
    b. Irrevocable

    2. Testamentary Trust – materialize


    after the death of the trustor.
    Institutional Fund Management Solutions
    ➢ Corporate & Institutional Funds
    ➢ Pension and Provident Funds
    ➢ Mortgage Trust Indenture
    ➢ Loan Agency
    ➢ Bond Trusteeship
    ➢ Securities Custody Account
    Wealth Management (individuals)
    ➢ Personal Management Trust
    ➢ Investment Management Account
    ➢ Securities Custody Account
    ➢ Safekeeping
    ➢ Personal Equity & Retirement Accounts
    Unit Investment Trust Funds
    ➢ Money Market Funds
    ➢ Bond Funds
    ➢ Balanced Funds
    ➢ Equity Funds
    Money Market
    ➢ Time Deposits (via Banks)
    ➢ Term Deposit Facility
    ➢ Treasury Bills
    ➢ Any fixed income instruments with less than 1 year
    tenor

    Bonds/Loans
    ➢ Corporate Bonds
    ➢ Government Securities
    ➢ Corporate Loans (private placement)
    Stocks
    ➢ Common Stocks

    ➢ Preferred Stocks

    ➢ Real Estate Investment Trust

    Investment Funds
    ➢ Unit Investment Trust Funds

    ➢ Mutual Funds
    1. Manage assets in the events you are
    disabled.
    2. Manage assets for children or family in the
    event of your death
    3. Avoid creditors
    4. Minimize or eliminate estate and other
    transfer taxes
    5. Protect loved ones
    Trust Bank
    ➢ Not insured by ➢ Insured by PDIC
    PDIC ➢ Principal &

    ➢ No guaranteed interest
    income guaranteed
    ➢ Obligation is to
    ➢ Asset
    management repay

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