This refers to trust arrangements established by an individual or a natural person, usually consisting of the disposition of assets to designated beneficiaries and settlement of the estate of the deceased.
Personal Management Trust
A type of arrangement that is ideal for those who wish to preserve or earn from their assets to answer for the current needs or the future use of the client/trustor or his beneficiaries.
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Living Insurance Trust
An arrangement where LANDBANK TBG collects the proceeds of the life insurance policy of the client upon the death of the insured to distribute the same to assigned beneficiaries stated in the agreement.
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Personal Retirement Trust Account
A PRTA is an agreement established between a client (trustor) and LANDBANK Trust Banking Group (TBG) with the purpose of providing for the retirement needs of the trustor upon his retirement or his designated beneficiaries upon the trustor’s death.
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