Supporting Welfare for Families with Disabilities through Trusts... Shinhan Bank Partners with Seunggawon
Donation to Seunggawon Possible Through Shinhan Bank Trust Products
[Asia Economy Reporter Minwoo Lee] Shinhan Bank has partnered with the social welfare corporation Seunggawon to help families with disabilities by utilizing trust products.
Shinhan Bank announced on the 4th that it had signed a business agreement with Seunggawon on this matter. Accordingly, by subscribing to Shinhan Bank's 'Shinhan S-Life Care Testamentary Trust' product, donors can contribute not only money but also various assets such as real estate and securities to Seunggawon.
The 'Shinhan S-Life Care Testamentary Trust' manages and grows the donor's assets through various customized trust products while paying a certain amount to the donor as living expenses. After the donor's passing, donations are carried out safely and promptly through the bank.
A Shinhan Bank official said, "Taking this business agreement as an opportunity, we will fulfill our social role by supporting families with disabilities through various trust products such as testamentary trusts."
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A Seunggawon official said, "Through this business agreement, we look forward to the active participation of warm-hearted donors in creating a happy world of independence and coexistence."
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