Planning tools to help manage, protect, and transfer assets
Trusts can play an important role in long-term planning by helping manage assets, provide clear direction, and support the transfer of wealth according to your wishes. They may also help simplify the transfer of assets outside of probate while providing greater control over how and when assets are distributed.
Our trust services provide experienced administration to help ensure your trust is managed according to its intended purpose.
Each trust is designed to meet different financial goals and planning needs.
A revocable living trust allows you to manage your assets today while planning for tomorrow. It offers the flexibility to adapt as your needs change and helps provide a smooth transition of assets according to your wishes.
Best for: Maintaining control of assets during life, help to simplify the transfer of assets, and avoid probate.
An irrevocable trust is designed to help protect assets and support long-term financial and estate planning goals. Depending on your situation, it may also offer asset protection and potential tax benefits.
Best for: Preserving assets, supporting estate planning, and providing long-term financial protection.
A charitable trust helps you make a lasting difference by incorporating charitable giving into your long-term financial and estate planning goals. It can also provide potential tax benefits, depending on your circumstances.
Often used to: Support charitable organizations while planning for the future.
A life insurance trust helps manage life insurance proceeds as part of your estate plan, providing a clear plan for how benefits are distributed. It can also support long-term estate planning and offer potential tax planning advantages.
Often used to: Help manage life insurance proceeds, support estate planning, and explore potential tax planning benefits.
United Bank & Trust can be named as trustee, co-trustee or successor trustee. This role includes administering the trust according to its terms, responsibly managing assets, and providing ongoing oversight.
A professional trustee helps ensure the trust is administered consistently while providing accountability and peace of mind over time.
We'll listen to your goals, explain your options, and help you determine the approach that's right for you and your family.
Non-deposit investment products are not insured by FDIC, not a deposit or other obligation of, or guaranteed by United Bank & Trust., and may be subject to investment risk, including possible loss of the principal amount invested.
Routing Number: 073922843
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