Bank of America (BAC) has expanded its wealth management and estate planning to include services that help customers plan for concerns related to aging and long-term care.

U.S. Trust's eldercare services will focus on wealth management and estate planning in addition to providing educational materials and tools, Bank of America said Tuesday.

Customers will have access to an inventory manager that helps them and family members organize vital documents and to a nationwide referral network to coordinate care. U.S. Trust also will provide financial planning and educational materials that explain concepts like power of attorney in addition to core estate planning services in areas such as philanthropic and legacy planning.

U.S. Trust is part of the Global Wealth and Investment Management unit at Bank of America. It handles $333.8 billion in client balances and has 140 offices in 32 states.

Bank of America has focused on expanding its U.S. wealth management operations even as it has been shrinking or exiting other business lines. In 2010, for example, it created a wealth management unit targeting the mass affluent.

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