Trust Services

Providing for your family's long-term financial needs means paying careful attention to your investments and creating a detailed plan for managing them after you're gone. It's an important obligation that has led discriminating clients to City National for more than 30 years.

Your trustee should have experience, discretion and familiarity with the complexities of trust administration. A trustee should also have the ability to manage your assets prudently, carry out the terms of your trust efficiently and responsibly, and physically safeguard the assets of your estate.

At City National, we take pride in providing our Personal Trust clients with individualized attention and access to a wide range of resources and expertise.

Personal Trust Options

City National administers all types of personal trusts, including:

• Living trusts, which provide more confidentiality and avoid the delays and expenses of probate
• Testamentary trusts, which become effective after wills are probated
• Charitable trusts, which benefit specific charities while also providing tax advantages
• Special needs trusts, which are established for minors and adults who have unique requirements

Full Spectrum of Trust Services

We offer a full spectrum of administrative services for trusts, including:

• Investment Management
  We provide complete investment management services to meet the strategic objectives and terms of the trust and to provide for the ongoing needs of beneficiaries.
• Comprehensive Personal Custody Services
  We collect, inventory, value and assume custodial responsibility of trust assets. We also maintain detailed records of all principal transactions, dividend and interest payments received, receipts and disbursements.
• Trust Real Estate Management
  We provide skilled investment management services for our clients' trust real estate portfolios and we actively manage all types of property, including office, retail, industrial, apartment and residential. We also handle the administration of real estate-related assets such as mineral, oil and gas leases. If desired, as trustee we can also acquire, lease or sell properties for our clients, as well as oversee zoning and entitlement matters.
• Tax Services
  We gather required tax information and either provide it to the professional advisor you have designated or have the necessary Federal and state returns filed on your behalf. We also provide your beneficiaries with the information they need to file their individual tax returns.
• Payments to Beneficiaries
  We make regular, timely and accurate trust income payments to beneficiaries and respond to their requests for support, medical, educational and other disbursements as provided for in the terms of the trust. If desired, we also provide ongoing financial management services for beneficiaries.
• Final Distributions
  We make final (or partial) distribution of trust assets as expressed in your trust account documents, determining the appropriate amounts for each beneficiary and providing for final tax filings and any transfer of assets that may be indicated.
• Estate Planning
  We advise and participate in the estate planning process itself, helping our clients minimize succession taxes. Our on-staff financial planner and trust officers work with you and your advisors to ensure that your wishes are carried out.

Serving as Corporate Trustee

While many people appoint a family member or friend to administer their trusts, there are compelling reasons to select an experienced and reputable firm like City National. As corporate trustee or co-trustee, we help ensure continuity, impartiality and financial security. Working with clients' other advisors, we provide valuable investment, accounting and tax expertise. And, through our well-developed professional associations, we can respond quickly to find the best resolution of unique and highly-specialized circumstances.

For more information on selecting an appropriate trustee, please read "Trustee Selection: Making the Right Choice," by Mary Thomas, Estate & Financial Planning Advisor.

City National should be listed as "City National Bank, a national banking association" on any documentation naming City National corporate trustee or co-trustee of your estate. For more information on naming City National as trustee or co-trustee, contact your dedicated Investment & Trust Consultant or Trust Officer at (888) 708-8881.

Getting Started

To speak with a City National representative in more detail about our Personal Trust Services, contact us or call (800) 708-8881.