Wealth Planning, Trusts and Estates
PWM’s wealth planning and trust services capabilities6 date back to our founding more than a century ago. Today, we continue that tradition, providing expert wealth planning and fiduciary services to clients across the country through a wide network of domestic and offshore trust companies.
Wealth Planning
PWM's senior trust and wealth planning specialists are well-recognized throughout the industry and have extensive experience designing and implementing advanced wealth planning and transfer strategies.
A comprehensive, well-drafted estate plan can achieve a number of vital objectives:
- Protect and safeguard wealth from erosion by estate taxes, gift taxes and generation-skipping taxes;
- Provide for the transfer of assets according to our clients’ precise wishes;
- Help our clients define and achieve their long-term philanthropic goals; and
- Ensure that assets are managed according to the client’s or beneficiary's growth and income needs.
Trusts and Estates
We have a separate, dedicated Trust and Estates Services Group which can help you ensure that your wealth will continue to benefit your family now and in future generations. We set exacting standards in executing our clients’ trust documents and in handling all related administrative responsibilities. These include fiduciary trust accounting and reporting, tax preparation and filing, recordkeeping, investment management, custodial services and distribution of principal and income.
Fiduciary Services
As corporate fiduciary, PWM offers several compelling advantages:
- Experience. Our professionals have significant expertise in tax, legal issues, investments, wealth transfer planning, trust and estate administration and advisory services for individuals.
- Investment management. Sophisticated investment capabilities can be individualized to the client’s risk and return objectives, through Deutsche Bank’s investment managers as well as rigorously screened third-party professionals.
- Special assets advisory. PWM maintains a dedicated infrastructure to oversee certain non-financial assets within a trust or an estate, such as commercial and agricultural real estate or oil and gas interests.
- Flexibility. We can act as sole trustee or executor, co-trustee or co-executor, directed trustee or trust agent and are accustomed to working collaboratively with our clients’ lawyers, accountants and advisors to achieve our clients’ objectives.