Glossary of Terms
Trust can be used to avoid probate. It can be changed or revoked at any time during your lifetime.
Created by a will, the trust does not exist until the will is administered following one's death.
Irrevocable structures established by a donor to provide an income stream to the income beneficiary.
Created to ensure that beneficiaries with disabilities can enjoy the use of property intended to be held for their benefit.
Irrevocable, non-amendable trusts that are both the owner and beneficiary of one or more life insurance policies.
An IRA that requires the account owner to make their own investment decisions.
Businesses realize the importance of providing their associates with a retirement plan that best meets their future needs.
Provide support in managing investments without establishing a trust.
We offer a variety of Corporate Trust Services and can customize our services to meet the needs of our clients.
Protect estates of those who are unable to manage their own financial responsibilities.
2022 Trust Newsletters
- Not a Deposit
- Not FDIC Insured
- Not Guaranteed by the Bank
- Not Insured by any Federal Government Agency
- May Go Down in Value