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Arcadia, South Carolina - Trust Companies search results Premier Listings

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Common Trust Company Terms

Hiring a financial planner in order to organize or monitor one's assets or investments can be a tedious process. When dealing with a trust company, bank, or other corporate financial institution, it is important to understand the terminology associated with this profession. Below are several important terms to be familiar with when researching trust companies, law firms, or other financial planners.

  • Trust Company - A trust company is a corporation, especially a commercial bank, organized to perform the fiduciary of trusts and agencies. It is normally owned by one of three types of structures, an independent partnership, a bank, or a law firm, each of which specializes in being a trustee of various kinds of trusts and in managing estates.
  • Trust Fund - A trust is a relationship whereby property, real or personal, tangible or intangible is held by one party for the benefit of another.
  • Escrow - Escrow is money, goods, or a written document, such as a contract bond, delivered to a third party and held by him pending fulfillment of some condition.
  • Inter Vivos Trust - Is a trust created while the grantor is still alive, which may be either revocable or irrevocable. Also known as a living trust.
  • Fiduciary - The fiduciary is the trustee of a trust, executor of an estate, or conservator of the fund or assets of a protected person.
  • Broker - A broker is an individual or brokerage firm that arranges transactions between a buyer and a seller, and gets a commission when the deal is executed. A broker who also acts as a seller or as a buyer becomes a principal party to the deal. Brokers serve both corporate and private entities. Insurance, mortgage, and investment brokers are just a few examples.
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    East Broad Trust Company
    245 E Broad St Ste B, Greenville, SC 29601
    (864) 271-3422
    Nation Ford Land Trust
    210 Tom Hall St, Fort Mill, SC 29715
    (803) 547-8140
    The Trust Company of The South
    6000 Fairview Rd, Charlotte, NC 28210
    (704) 936-4300
    Bissell Companies The
    15719 John J Delaney Dr, Charlotte, NC 28277
    (704) 541-7201
    Deutsche Bank Corporate Trust
    200 S Tryon St Ste 550, Charlotte, NC 28202
    (704) 333-0822
    Trust for Public Land
    1200 E Morehead St Ste 250, Charlotte, NC 28204
    (704) 376-1839
    Altavista Wealth Management
    6525 Morrison Blvd Ste 501, Charlotte, NC 28211
    (704) 365-4869
    Genpass LLC
    4600 E Independence Blvd, Charlotte, NC 28212
    (704) 568-1110
    RDP Notary Services
    2909 Canary Ct, Charlotte, NC 28269
    (704) 996-4720
    Security Federal Bank
    5446 Sunset Blvd Ste 1, Lexington, SC 29072
    (803) 808-8180
    Security Federal Bank
    1185 Sunset Blvd, West Columbia, SC 29169
    (803) 739-6100
    Security Federal Bank
    1900 Assembly St, Columbia, SC 29201
    (803) 739-3940
    Graham & Associates LLC
    6 Calendar Ct Ste A, Columbia, SC 29206
    (803) 782-7646


    Trust companies are corporate banks and large commercial institutions that manage money and investment funds. These company locations commonly involve independent partnerships, law firms, and brokers or agents who handle money and large estates. Many people use trust companies to invest for the future. You essentially allow these banking institutions to handle your money and assets, and help it grow over time. These corporate banks and trust company locations are found all over the United States. As you may be aware, trust companies and independent corporations not only assist you with investing, but they also provide legal advice, help with retirement plans, and handle insurance funds. For instance, if you are the beneficiary of a large sum of money, a trust company can assist you with the management of this capital. These financial institutions keep records of all personal accounts, and even help individuals with home titles and escrow money. Escrow typically refers to bonds, deeds, or deposits that are held by a third party. A lot just depends on what you want to the corporate institution or trust company to assist you with. One thing is for certain; these professionals can definitely help individuals and families manage their money more effectively. You should surf the web in order to learn a great deal more about trust companies, corporate banks, and independent law firms that assist with fund management. This is an easy and convenient way to get more information on this subject, and you can pinpoint facts and details you are interested in.
     
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