Trust

A trust is a written arrangement in which a trustee manages property for the benefit of an individual or organization. The trustee is responsible for administering the trust in accordance with the trustor's wishes. The trust can be set up as revocable, which means it can be changed at any time or irrevocable which cannot be modified. Also, a trust can be effective during the trustor's lifetime or can be established through a will of a deceased person.

Any individual can benefit from a trust. If you want to guarantee that certain financial objectives are accomplished during or after your lifetime, then it is advisable that you set up a trust. Trusts can be established for individuals ranging in age from less than one year to over 90 years of age. In many instances trusts are used to keep family assets intact and use the income for the benefit of several generations.

A trust is the only way to ensure that your wishes are carried out, both during your lifetime and, if desired, for many years after your death.

Trust Services

• Executor of estates
• Conservatorships
• Trustee of trusts created by wills or agreement
• Charitable Trusts or Foundations
• Life insurance trusts
• Farm management
• Burial Accounts