personal trust
personal trust
Choose the right investment

At Sterling Bank of Asia, we go beyond overseeing clients’ portfolios. Aside from regular consultations financial planning, stock selection, monitoring, and financial statement analyses, we also ensure that our clients’ portfolios are seamlessly coordinated and consistent with their financial goals. Manage, preserve and build your wealth through any of our personal trust services.

By availing our Personal Management Trust, we can assist you in managing a portion of your estate, or real or personal property, which you intend to set aside for your beneficiary.

What is a Personal Management Trust?

A Personal Management Trust refers to trust agreements wherein the trustor creates a separate estate out of his general estate, that will be managed by the trust institution. This, in turn, will benefit the designated beneficiaries, which could either be the trustor and a third person(s) or a third person(s) only. Under this trust agreement, the trustor cannot create a trust with himself as the sole beneficiary.

Personal Management Trust agreements shall define the functions and authorities of the trustee and must include provisions on the following:

  • The purpose or intention of the trust;
  • The nature and value of the property or sum of money that comprise the trust; - The trustee’s investment powers;
  • The name(s) of the beneficiaries; and
  • The terms and conditions under which the income and / or principal of the trust is to be paid or to be disposed of during the lifetime and ultimately, upon the death of the Trustor or upon the occurrence of a specific event(s).

With Sterling Bank of Asia's Personal Pension Fund, we can help you manage your desired contributions to your personal pension fund. This service guarantees that you will receive periodic income from your investment at convenient payment terms.

Our Investment Management Account (IMA) allows you to choose the right investment portfolio so you can fulfill your personal financial goals.

Disclaimer

Trust products and services are Trust and Investment Management arrangements and NOT deposit accounts or obligations of, or guaranteed, or insured by the trust entity or its affiliates or subsidiaries; are NOT covered by PDIC; and yields or income are likewise NOT guaranteed. Historical performance, when presented, is purely for reference purposes and is not a guarantee of similar future result.

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