Trust and Estate Services

A trust exists where property is held by a person, or is transferred to another person to be held, for the benefit of themselves or one or more other persons. It can be set up during one’s life or as a consequence of death in their Will.  Trusts include three parties: a settlor who creates the trust, a beneficiary for whom the trust is set up, and a trustee who manages the trust in accordance with the terms of the trust. Professionals within BMO Private Wealth can help with your trust and estate planning, act as trustee, or help as an agent for those who have been appointed trustee.

There are many benefits to setting up a trust, including asset protection, providing for beneficiaries, estate planning, and privacy.  A properly settled trust will provide the trustees with authority and instructions to manage and distribute assets according to your wishes. This can help minimize taxes, help with probate planning, and ensure a smooth transition of wealth to your beneficiaries.  Consult with our trust experts to understand how a trust can help you meet your goals and objectives.

Through the services of BMO Trust Company, BMO Private Wealth offers a range of trust and estate solutions, including estate settlement, substitute decision making, trustee services, agency, and trust administration. Contact one of our professionals to discuss your specific needs.

BMO Trust Company can act as the executor of your estate or trustee for any trust you establish. Our experienced team will work with you to ensure required clauses are included in your testamentary and/or trust documents and that appropriate steps are taken to fulfill your intentions. Reach out to a BMO Private Wealth professional to discuss your objectives and to learn more about the process. We are here to help every step of the way.

If you are acting as executor, trustee, or attorney, it’s not too late to seek assistance from our team. We can help fulfill your obligations by acting as your agent – carrying out the administration and providing guidance throughout the process. Please contact us to discuss your specific needs and to explore how we can support you.

For all other enquiries, please use this link to connect with us: Connect with a BMO Private Wealth professional