The Nashville office of U.S. Trust has unveiled a family wealth services offering.

The services are meant to help families address, for example, eldercare planning, widowed and divorced women, and the distinctive needs of lesbian, gay, bisexual and transgendered 
domestic partners, among others.

Portia Wells, U.S. Trust senior vice president and trust advisor, works with many clients in Nashville. An expert in the family wealth services area, Wells is helping oversee the new offering.

U.S. Trust, Bank of America Private Wealth Management, operates through subsidiaries of Bank of America Corp.
 

Findings from the 2012 Bank of America Study of High Net Worth Philanthropy study reveal an interesting trend.

According to Mary Ellen Rodgers, senior vice president and private client advisor with U.S. Trust’s Nashville wealth management office, clients are choosing to focus their donations in larger gifts to fewer organizations. U.S. Trust is part of the Global Wealth and Investment Management unit of Bank of America, N.A.

“Over 76 percent of respondents in the study agreed that they feel a sense of accomplishment that their charitable activities create results/impact and that sense of accomplishment is especially true for Nashville,” Rodgers said in a release.

BofA conducted the study (see details here) in conjunction with Indiana University’s The Center on Philanthropy.