Frequently Asked Questions​

What is a Trust company?

A trust company is a legal entity that acts as fiduciary, agent, or trustee on behalf of a person or business entity for the purpose of administration, management and the eventual transfer of assets to a beneficial party. A trust company can act as a custodian for trusts, estates, custodial arrangements, asset management, stock transfer, and other related arrangements. For more information, please visit here.

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You may direct a complaint to the attention of the New York State Department of Financial Services at One State Street New York, NY 10004-1511 or 1-800-342-3736. Please visit www.dfs.ny.gov for information.

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