Trust & Estate Services

From family trusts to corporate pension and profit-sharing plans, the experienced professional asset management team at Berkshire Bank is often called upon to administer financial trusts. You can depend on us to act in good faith on behalf of all beneficiaries, keep accurate records and handle proceedings with the utmost fairness. Here are just some of the matters we can help you with:

• Individual Retirement Account rollovers
• Investment management accounts
• Personal trusts
• Pension plans
• Profit-sharing plans
• SEP (Simplified Employee Pension)
• Individual Retirement Account trusts

You have worked hard to earn what you have. It's important to make sure your assets are protected and eventually go to the people you love and the causes you believe in. At Berkshire Bank, we can walk you through the estate planning process and help tailor a plan that suits your needs and desires. A good estate plan can do the following:

• Include instructions for your care if you become disabled
• Name a guardian and an inheritance manager for minor children.
• Provide for family members with special needs
• Provide for loved ones of various ages and family relationships
• Include life insurance, disability income insurance and long-term care insurance
• Minimize taxes, court costs, and unnecessary legal fees
• Provide for the transfer of your business at the time of your retirement, disability, or death