We offer a range of investment services for individuals, trusts, estates, and non-profit organizations. For individuals, the Trust Department may manage a part or all of a person’s individual investment portfolio (individual investments or mutual funds) or a person’s IRA or IRA rollover assets.
Our Trust Department can act as the sole trustee, as a co-trustee, or as agent for an individual who is named as a trustee.
We offer:
- Maintenance of professional accounting records using specialized software applications. All transactions are recorded, along with all asset-related records. Periodic accounting statements are provided and online access is also available via TrustReporter.
- Payment of bills and expenses, in conformance with state law.
- Local decision making for discretionary decisions.
Our Trust Department can act as the representative for settling an individual’s probate estate, if so named in the individual’s will, or can act as agent for an individual appointed under an individual’s will.
Services include:
- Taking control of all probate assets.
- Ensuring all assets are protected or insured.
- Valuing assets and disposing of the assets either by sale or by distribution according to the will.
For high net worth individuals, select members of our Trust Department staff can provide general education, information, and consultation on retirement and estate planning.
As part of this process, we can provide input on:
- Existing investments
- How much in assets may be necessary for retirement – or how long a person’s assets may last
- How assets should be titled
- Wills and trusts
- Living wills
- Health care directives
- Financial and health care powers of attorney
- Community property agreements
- Estate tax matters, under federal and state laws
- Business planning
- Charitable gift alternatives