CLIENT STORY

Preparing for the Unexpected

Trust & Estate Services

elderly women consults with advisor

The Situation:

Margaret has $6.5 million in total net worth, including two residences, a multi-family apartment building and $1.5 million in closely-held stock and trusts. When her husband passed away, Margaret found out that she was not prepared for the unexpected, at least financially.

The Solution:

Margaret already knew her family advisors at PNC Wealth Management, including those now performing the executor and trustee functions for the estate. They had explained her rights as a beneficiary of her husband’s trusts, and helped her children understand his estate planning decisions. Margaret was greatly comforted by the fact that not only were planning and asset collection already in place, but there would be no delay in distributions. PNC Wealth Management also provided timely restructuring of the investment portfolios to suit her changed circumstances.

Estate planning is only performed in conjunction with a client’s attorney, accountant, and/or other business advisors.

About Trust & Estate Services

Serving as a fudiciary for you and your family, PNC Wealth Management® is known for administering complex estates, multi-generational trusts and providing asset management services.

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Important Legal Disclosures & Information

This story represents a hypothetical scenario and is intended for illustrative purposes; the person described is fictional and not an actual client, but the scenario is intended to reflect a typical and/or previously experienced situation. Actual client experiences and outcomes may vary and future performance or success is not guaranteed.

The PNC Financial Services Group, Inc. (“PNC”) uses the marketing name PNC Wealth Management® to provide investment consulting and wealth management, fiduciary services, FDIC-insured banking products and services, and lending of funds to individual clients through PNC Bank, National Association (“PNC Bank”), which is a Member FDIC, and to provide specific fiduciary and agency services through PNC Delaware Trust Company or PNC Ohio Trust Company. PNC does not provide legal, tax, or accounting advice unless, with respect to tax advice, PNC Bank has entered into a written tax services agreement. PNC Bank is not registered as a municipal advisor under the Dodd-Frank Wall Street Reform and Consumer Protection Act.

“PNC Wealth Management,” is a registered mark of The PNC Financial Services Group, Inc.

Important Information about Procedures for Opening a New Account 
To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.

What this means for you: When you open an account, we are required by Federal law to ask for your name, street address, date of birth (for natural persons) and other information as required to identify you. This may include a request or requests for confirmatory information such as presentation of your driver’s license and/or other document(s).

Investments: Not FDIC Insured. No Bank Guarantee. May Lose Value.

Insurance: Not FDIC Insured. No Bank or Federal Government Guarantee. Not a Deposit. May Lose Value.

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