Trust Services

A trust is a legal arrangement that allows assets to be managed and distributed according to your wishes. A trustee is responsible for administering the trust and carrying out its terms for the benefit of your chosen beneficiaries.

Trusts can benefit individuals and families who want greater control over how assets are managed, protected, and transferred. They are commonly used for estate planning, tax planning, charitable giving, and multigenerational wealth transfer.

A will outlines how assets should be distributed after death and generally goes through probate. A trust can take effect during your lifetime or after death and may provide greater privacy, continuity, and flexibility in how assets are managed and distributed.

Depending on the type of trust, benefits may include greater control over distributions, privacy, asset protection, tax planning opportunities, and support for long-term family and charitable goals.

Certain types of trusts may help reduce estate and gift taxes as part of an overall estate plan. The benefits depend on your goals, the trust structure, and applicable tax laws.

Trusts can hold a wide range of assets, including investment accounts, real estate, cash, business interests, and other property. The appropriate assets depend on your goals and overall estate plan.

Trust administration involves carrying out the terms of a trust after it is established. Responsibilities may include managing distributions, maintaining records, preparing tax filings, coordinating with advisors, and communicating with beneficiaries.

A trustee may be an individual, professional advisor, or corporate trustee. The trustee is responsible for managing trust assets and administering the trust in accordance with its terms and fiduciary obligations.

A corporate trustee provides professional oversight, fiduciary expertise, and continuity that can extend across generations. Unlike an individual trustee, a corporate trustee can provide ongoing administration regardless of changing family circumstances or life events.

Yes. LNW operates state-chartered trust companies and can serve as trustee or co-trustee for a wide range of trust structures. We help oversee administration, coordinate investment management, support beneficiaries, and carry out fiduciary responsibilities.

We believe trust administration is about people, not just assets. Our team works directly with beneficiaries to provide guidance, facilitate distributions, answer questions, and help ensure the trust serves its intended purpose over time.

LNW combines trust administration, fiduciary oversight, investment management, and family advisory services under one roof. Our integrated approach helps simplify complex financial lives while providing continuity and support across generations.

Trust documents are drafted by estate planning attorneys. We work closely with you and your attorney to help design, fund, and implement a trust strategy aligned with your goals.

The process typically begins with identifying your goals and working with an estate planning attorney to develop the appropriate trust structure. Once established, the trust is funded and administered according to its terms.

Trusts should be reviewed regularly and after major life events such as marriage, divorce, the birth of a child, the sale of a business, or significant changes in tax laws or family circumstances.

Trusts can help preserve and transfer wealth across generations by providing a framework for how assets are managed and distributed over time. They can also support family values, charitable objectives, and long-term stewardship of wealth.

Yes. As a corporate trustee, LNW can provide continuity across generations while helping future beneficiaries navigate financial decisions and responsibilities. Our role is to carry out the intent of the trust while adapting to changing circumstances over time.