Trust company is a corporation, a especially commercial bank
A trust company is a corporation, a especially commercial bank, firm and a business be named in testament and a last will as personal representative and an executor, provide also escrow services, retirement funds and education, 1031 Exchange proceeds oversees the management. The assets are held typically in a legal instrument in the form of a trust. The responsibilities of an executor include collecting debts. A trust officer provide conservator services and guardian. Example lends normally money to the company, become the trustee for individual retirement account and bonds for a grantor's stocks.
A partial owner of the stock-issuing company holding company control directly the stock-issuing company in this way.