CLIENT STORY

Safeguarding My Assets

Trust & Estate Services

woman consults with advisor

The Situation:

For 15 years, Eva has practiced medicine in a small family practice office with no partners. She employs two health practitioners and a receptionist.

Eva has managed to avoid damaging lawsuits. However, she wonders what may be in store for her in the next 15 years. She is apprehensive about the financial ramifications of being sued, so she decided to talk with PNC Wealth Management.

The Solution:

To help safeguard her assets against a damaging lawsuit, the PNC Fiduciary Advisor recommended that she discuss with her legal counsel the possibility of establishing a Delaware or Ohio Asset Protection Trust. By transferring assets to the Trust, Eva may reduce the risk of losing all assets in the event of an unforeseen lawsuit.

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 material presented herein is of a general nature and does not constitute the provision by PNC of investment, legal, tax, or accounting advice to any person, or a recommendation to buy or sell any security or adopt any investment strategy. Opinions expressed herein are subject to change without notice. The information was obtained from sources deemed reliable. Such information is not guaranteed as to its accuracy. You should seek the advice of an investment professional to tailor a financial plan to your particular needs. For more information, please contact PNC at 844-749-2854.

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.

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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).

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