O c t o b e r 2 0 0 2
Howe Barnes Investments in conjunction
with the Hinsbrook Bank and Trust (HBT) are pleased to offer our clients
Investment Management and Trust Services with assets held at Howe Barnes.
What does this mean?
This alliance allows our clients that
want or need to appoint a corporate trustee (as opposed to an individual)
to insure that their posthumous financial instructions are followed;
while the assets continue to be managed by
Abuls, Bone & Eller.
How does it work?
In this alliance, Howe Barnes will
continue to manage your investments in the manor that you direct the
trustee to follow. Hinsbrook Bank is there to insure that all
provisions and requests of your trust are met. Your accounts never
have to leave Howe Barnes until your trust is ultimately closed.
Why a Corporate Trustee?
A Corporate Trustee is an unrelated,
unbiased third party acting as trustee. It is their primary
responsibility to insure that all provisions and request of the trust are
met. This relieves any family member or friend from the
responsibility. A Corporate Trustee can also be appointed as a
successor trustee.
What will the cost be?
In most cases this alliance will not
cost any more than alternative corporate trustee.
If you would like more information,
please call us.