Trusts Under Will
A trust under will, or testamentary trust, is created under your will, after the probate process, to direct exactly how your estate’s assets will be managed and distributed to your beneficiaries. Together with your lawyer, you set out instructions as to how your property is to be managed and distributed after your death.
During your lifetime you continue to own and control your property and you can change your will as the needs of your family change. First Bank & Trust would be named as Trustee, Co-Trustee and/or Executor in your will and assumes responsibility for distributing your assets after your death.
Personal Trust Accounts & Executor Fee Schedule
Please contact one of our Wealth Management professionals for more information regarding personal trust account management and executor fees.
Investment and Advisory products:
NOT FDIC INSURED • NOT BANK GUARANTEED • NOT A DEPOSIT • MAY LOSE VALUE.