Shinhan Bank, Renewal of 'Shinhan S Life Care Substitute Will Trust'

[Asia Economy Reporter Kwangho Lee] Shinhan Bank announced on the 22nd that it has renewed the 'Shinhan S Life Care Will Substitute Trust,' which allows customers to skip complicated inheritance procedures such as will drafting and notarization.

The Shinhan S Life Care Will Substitute Trust is a product that enables inheritance of assets through a trust contract even without leaving a will. It provides solutions tailored to the customer's life cycle and enhances convenience.

Through the will substitute trust, customers can receive retirement living expenses, designate an agent to withdraw hospital fees and other expenses from the trust assets, and also receive integrated asset management services from Shinhan Bank's tax, legal, and trust experts.

In particular, the Shinhan S Life Care Will Substitute Trust has been renewed to allow customers to entrust deposits or trust products they hold directly into the trust without early termination, greatly improving customer accessibility and convenience.

A Shinhan Bank official said, "We hope that through the Shinhan S Life Care Will Substitute Trust, our customers' valuable assets will be inherited more conveniently at the desired time," adding, "In line with Shinhan Financial Group's vision of 'Easier, More Comfortable, and Newer Finance,' we will strive to eliminate inconveniences and enhance convenience to provide the optimal solution."

This content was produced with the assistance of AI translation services.