Preserving And Managing Your Assets For Future Generations
The trust and estate specialists at Chemung Canal Trust Company can help protect and preserve your wealth. We have been providing fiduciary services in the area of trust and estates, wealth transition, charitable trusts and financial planning for over 75 years. Working together with your attorney to ensure that your wishes are carried out, our knowledgeable and dedicated team of professionals is guided by unwavering principles of discretion, integrity, and service. Our trust professionals will help guide you through the entire process as we plan and examine the most appropriate trust vehicles to achieve your goals.
Trust and Estate Services
Generations of families have relied on Chemung Canal Trust Company to help guide them in the preservation and transfer of their hard-earned assets. Knowing that your wealth will be transferred to your heirs with minimal conflict and as efficiently as possible can bring tremendous relief. Our goal is to give you the confidence that your estate will be administered prudently, efficiently, impartially, and with the highest level of confidentiality making the overwhelming manageable.
At Chemung Canal Trust Company, our highly skilled professionals work with you, ideally in the planning stage, examining the most appropriate trust vehicles to achieve your goals. Proper planning can involve tax efficient strategies to reduce potential estate tax. It can take into account the special concerns of young families with minor children, families with children or other dependents having special needs, business owners who need to address the critical issue of succession planning, or grandparents who might want to help their grandchildren go to college. And, it can involve preserving what you’ve spent a lifetime building by addressing the financial impact of long-term care and other estate-eroding expenses. Even if you already have a plan in place we can objectively review it to ensure that your wills, trusts, and other solutions distribute your wealth to family, charities, and those important to you as efficiently as possible.
Our trust professionals have the expertise and sensitivity to manage estate settlements smoothly and efficiently. In addition to providing ongoing reporting and communication to the beneficiaries, we will objectively manage the complexities of the fiduciary role, ensuring that your wishes as expressed in the trust documents are adhered to. By prudently managing your investments, striving to minimize tax liabilities, and ensuring the reliable disbursement of funds, we are here for you, as well as for your heirs and beneficiaries, every step of the way.
Allowing us to look after your interests provides continuity in the process and peace of mind that we will be here for you, as well as your heirs and beneficiaries, ensuring that your legacy lives on.