Loginexpand Help Center Search for: search Personal Business Farm About Us Resources Contact Us Establishing a Trust Establishing a Trust PERSONAL WEALTH MANAGEMENT When Your Life Changes, Turn to Us for Trust Service Solutions At any age, at any time, we can help. Learn more about the benefits of Trusts. Contact us Jen & Rick Age 40 Parents of a special needs child Claire Age 50 In a second marriage with “his, hers, and ours” kids Paul & Helen Age 58 Welcomes their first of 6 grandchildren Gene Inherits family farmland 300 miles from his home Mary Ellen Age 67 Emotionally ready to retire but not financially Jim Age 73 Dealing with his wife’s long-term illness. Margaret Age 80 Wants to make sure her children and her charities get the bequests she specifies. Plan wisely. Whether it’s your farm, your family-owned business, or your grandchildren’s future, we help grow, manage and transfer your assets while keeping your tax situation and charitable interests in mind. Choose and establish your trust Revocable Trust: can be changed at any time. Irrevocable Trust: cannot be modified in any way; all title to assets are in the name of the trust, which will be passed on to future generations, as designated. Irrevocable Life Insurance Trust: a popular way to provide payment for estate taxes. Living Trust: effective during the Trustor’s lifetime; usually revocable. Testamentary Trust: established via the will of a deceased person, ensuring property will be administered in accordance with his or her wishers. Charitable Trusts/Foundations: created for the benefit of charitable organizations and is still able to utilize income. Professional Trustee: using our trained, professional trustee avoids delays, conflicts, unnecessary fees, and even financial losses. Stability, trustworthiness and expertise are all hallmarks of a professional trustee. Custodial Services: IRA/unique assets and consolidated IRA statements. Conservatorship: created for the benefit of a client needing help paying bills and managing assets according to a will. Administer your trust When you’re ready, our team will manage your physical and monetary assets. These activities can range from paying bills or filing your taxes to hiring someone to make home repairs. Settle your trust From selling assets to distributing wealth or charitable giving, be assured that after your life your mandates will be followed. CHOOSE SOMEONE YOU KNOW AND TRUST FOR: Durable Power of Attorney Gifting to children, descendants and others during lifetime Charitable giving Titling of assets Executor/Successor trustee issues Distribution plan for wealth at death Signature Guarantee We’re committed to delivering experienced, personal service. We can help avoid delays, conflicts, unnecessary fees, and even financial loss. In addition, we offer stability, trustworthiness and expertise that are hallmarks of a professional trustee. Get Started Today Learn more about the benefits of Trusts. Contact us Have a question? Request a call back Contact Us! Customer Support Phone: 888.902.5662 Monday-Friday: 7 a.m. — 7 p.m. Saturday: 8 a.m. — Noon Email: customersupport@bankmidwest.com Securities and insurance products are not deposits, not FDIC insured, not insured by any federal government agency, not guaranteed by the bank, and may go down in value. Home | Privacy Policy | Online Privacy Statement | Customer ID Policy Facebook Twitter LinkedIn Instagram © 2021 Bank Midwest. We use cookies to enhance user experience, analyze traffic and performance, and support the marketing of our services. By using the website, you agree to our use of cookies. Please read our online privacy statement for more information.AcceptOnline Privacy Statement