Bank department that deals with estates, administers trusts, and provides services such as estate planning advice to its clients. Bloomberg Financial Dictionary
* * *
* * *
bank trust department UK US noun [C]
► BANKING the department of a bank that deals with the assets and property of people who have died, and helps customers with other financial matters concerning their families, etc.: »
Our bank trust department has experienced professionals who will help you sort out your family's financial life.
Financial and business terms. 2012.