Personal Finance
Personal Finance
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Advantages of Naming PNC as Your Executor
Attributes and Responsibilities PNC
as Executor
Individual
as Executor
Continuity of Administration No
Corporate oversight of administration No
Security for bank deposits and custodial investment assets held by a corporate fiduciary No
Protection from fraud and embezzlement No
Accounting, audit, administrative & investment research capabilities without additional cost No
Special unit to handle closely-held businesses No
Significant resources for complex issues No
Strict confidentiality standards No
Significant experience in estate administration Maybe
Held to highest standard of care Maybe
Impartiality of decisions Maybe
Post-mortem tax planning Maybe
Physical security of tangible assets safeguarded Maybe
Valuation of unusual assets Maybe
Proper disposition of joint property (if any) Maybe