A revocable living trust is an arrangement made for the management of your assets during your lifetime and ultimate disposition upon death. Alpha Bank & Trust will consult with you to determine the appropriate investments for your trust. The trust can be altered as needed at any time and you can have as much or as little control, contact and responsibility as you desire. Benefits of a Revocable Living Trust include: it ensures that assets are professionally managed should you become incapacitated; it minimizes estate and gift taxes; it keeps your estate private and avoids probate when it passes on to your heirs.

A charitable remainder trust allows you to transfer assets during your lifetime and receive a charitable deduction for the contribution. During your lifetime you will receive a distribution of income. This type of trust may reduce current income tax liability and when the last surviving beneficiary dies, your chosen charity receives the remaining principal.

A testamentary trust becomes effective upon your death. Typically your legal Will includes language that creates the trust at death and specifies your wishes in writing. Your trust can help provide sound financial management for your heirs.

A special needs trust is established for a disabled or incapacitated person. The assets in the trust are set up so that the disabled person is still eligible for federal and state government financial support services.

An irrevocable life insurance trust (ILIT) is designed to move insurance benefits out of your estate and into the hands of your beneficiaries. By establishing an ILIT, life insurance benefits will pass to the trust and will not be taxed in your estate under present regulations. These trusts can be complex and should be handled by an expert in trust administration.

Our wealth management team, not remote data input personnel, will analyze your current financial position, the adequacy of your risk management strategies, your financial goal accumulation strategies, proper asset allocation to meet your financial and retirement goals, estate and trust planning, retirement and tax planning, business succession planning, employee stock options and concentrated equity strategies.

Acting as the executor of an estate can be an overwhelming experience requiring expertise in trust accounting and cash management, asset valuation and preservation, business continuity, and other related issues. Given the significance of the executor's responsibilities, Alpha Bank & Trust is a wise choice to serve as executor of your estate.

Alpha Bank & Trust will identify, value, and take custody of the estate assets. In addition, we provide investment management services while the assets are in our custody. We will work in conjunction with the estate's attorney and CPA to prepare and file tax returns, account for assets and make court appearances When it is time to distribute assets, we will take care of that as well.

The Elite Manager™ Program, offered by Alpha Bank & Trust through Reliance Trust Company, is a separate account platform providing access to a carefully selected list of successful institutional level investment managers. These experienced managers have been screened by a team of Reliance Trust Company's professional analysts using a thorough due diligence process. Each manager provides a specialized investment strategy, allowing Alpha Bank & Trust to build a customized portfolio of managers and investments for each client's specific circumstances.

The investment process involves assessing the broad goals of the portfolio, level of investable assets, risk tolerance and cash flow requirements over time. With the knowledge of the client's individual situation and the understanding of the investment styles of each manager, Alpha Bank & Trust will create an appropriate asset allocation mix and build a diversified portfolio of select managers most capable of achieving the defined objectives and strategy. The end goal is to maximize returns and minimize risks with the cost and tax advantages desired in a professionally managed separate account program.

Advantages of the Elite Manager™ Program

There are several advantages to participating in the Elite Manager™ Program.

Customization

Alpha Bank & Trust tailors each account based on the client's individual circumstances, allocating across both asset classes and managers with a total portfolio approach. Additionally, clients can request stock/sector restrictions based on existing concentrated holdings. The result is a portfolio which is well diversified and integrated with the client's broader financial plan.

Tax Efficiency

Alpha Bank & Trust places a premium on providing tax-efficient portfolio management, seeking to maximize after tax returns. The managers utilized in the program have been selected by Reliance Trust Company based on their investment strategy of having a low annual security turnover and a more manageable number of individual positions. The goal is to enhance overall net investment return and client satisfaction.

Portfolio Transparency

Clients are able to view their individual portfolio holdings. This enables clients to know what they own, their individual cost basis and the exact costs associated with managing their account.

Ongoing Due Diligence

The managers utilized in the Elite Manager™ Program are continually reviewed and reevaluated by Reliance Trust Company on a quarterly basis to ensure the program includes experienced and successful asset management talent. Managers are closely monitored, and their returns measured against their peer group and benchmarks. This ensures managers maintain their stated investment discipline.

Lower Minimum Accounts and Fees

Alpha Bank & Trust is able to leverage Reliance Trust Company's status as an institutional investor to gain access to institutional level managers at wholesale levels. This access allows us to offer lower minimum investments ($100,000 per single manager) and lower overall fees to clients. The benefit to clients is a much lower fee structure and access to higher quality institutional managers than they could find in other separate account management platforms.

Why Separate Account Management

The Elite Manager™ Program is designed to offer the level of service with the flexibility and customization clients require in today's investment environment. Alpha Bank & Trust offers a total solution by providing the money manager due diligence, investment research, trading, custody and operational support. This program provides clients with access to institutional level managers with institutional pricing, seeking to offer a higher overall level of client satisfaction. With the Elite Manager™ Program, Alpha Bank & Trust seeks to assure that the client's investment strategy will be aligned with their long-term investment goals, objectives and tolerance for risk.