TRUST & ESTATE SERVICES
Customized Solutions
Thom Miller
Vice President & Wealth Management Officer, Plimoth Investment Advisors
Dedham Savings is pleased to offer customized trust services and solutions through Plimoth Investment Advisors.
What is a Trust?
A Trust is a legal entity created by an individual (called a grantor) to hold and eventually distribute their assets. Individuals create trusts for a wide range of reasons, but most commonly they are created as part of an overall estate plan which will ensure their assets are distributed to the family members or other beneficiaries in an orderly manner and in accordance with their wishes.
A key aspect of creating a trust is the appointment of a Trustee, who has the responsibility of both managing trust assets and the fiduciary administration of the trust to ensure compliance with all legal and regulatory requirements.
What is the Role of Plimoth Investment Advisors?
Plimoth Investment Advisors serves as a Corporate Trustee for many of their clients. Whether as Trustee, Co-Trustee with a family member or Successor Trustee, Plimoth’s clients enjoy the peace of mind that comes with knowing that an experienced Trust and Investment Team will be overseeing the activities in their Trust.
How do I learn more?
There are several different types of Trusts a person can establish depending upon their specific needs and circumstances. To learn more about the creation of Trusts and Plimoth’s Trust Services, contact Thom Miller.
Products and services made available through Plimoth Investment Advisors (Plimoth Trust Company) are not insured by the FDIC; not insured by any other government agency, not a bank deposit, bank obligation, or guaranteed by the bank; and they are subject to investment risk, including potential principal loss. Plimoth Investment Advisors is a state-chartered private trust company registered under the name of Plimoth Trust Company and co-owned by Dedham Savings and BayCoast Bank.