BANK PARTNERSHIPS
Secure, Sophisticated, and Seamless Trust Services
Alaskan Trust and Fiduciary Services offered by R.H. Buchanan Trust Company, Inc.
ENHANCED ASSET PROTECTION
Robust Legal Framework: Alaska is renowned for its strong asset protection laws. By partnering with a third-party trust company based in Alaska, your bank can offer clients top-tier asset protection.
Creditor Shielding: Alaskan trust laws provide unparalleled shielding from creditors. This is a significant selling point for high-net-worth clients seeking to safeguard their assets.
LEVERAGING COMMUNITY PROPERTY LAWS
Customized Solutions: Alaska’s community property laws allow for flexible and customized estate planning solutions. This means your bank can attract clients looking to optimize tax strategies and estate planning.
Tax Benefits: By utilizing community property laws, clients can benefit from a “double step-up” in basis, minimizing capital gains taxes for heirs.
OPERATIONAL SAFETY AND SOUNDNESS
Safety and soundness are paramount: A chartered Alaskan trust company adheres to stringent standards, ensuring the utmost integrity and reliability.
Regulatory Compliance: By outsourcing to an Alaskan Trust Company, your bank can confidently navigate complex regulatory environments without diluting your focus on core banking activities.
OPERATIONAL EFFICENCY AND EXPERTISE
Cost Efficiency: Outsourcing minimizes the costs associated with staffing, training, and maintaining a dedicated trust department. Your bank can achieve significant cost savings while offering comprehensive trust services.
Alaskan trust companies bring specialized knowledge and expertise in trust administration. This allows your bank to offer sophisticated trust services without the need for in-house specialists.
CLIENT RELATIONSHIP ENHANCEMENT
Enhanced Offerings: By incorporating the services of an Alaskan trust company, your bank can broaden its portfolio. This enables you to meet a more extensive range of client needs, from estate planning to wealth preservation.