Trust Services – Bank Midwest

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Create an effective business succession plan: a checklist for passing the torch

Whether you own a family-run business or a growing enterprise that deliberates in a fancy boardroom, you need a succession plan for your business.

Laura FischerApril 13, 2023

Trust Services

End of life planning: How to effectively prepare

It’s not fun to plan for the what-ifs, but organizing affairs and creating a care plan for your loved ones can make it easier when that time does come. There are many factors to consider and documents that need to be reviewed. Learn more in this article.

Laura FischerMarch 22, 2023

Trust Services

Revocable living trust – the trust everyone can use

A revocable living trust is practical for many individuals and families because it transfers assets in 3 areas: control, probate, and taxes. And, it's one of the most effective estate management tools.

Bank MidwestAugust 11, 2022

Taking Over The Family Farm Can Often Be More Complicated Than It Seems.,taking Over The Family Farm Can Often Be More Complicated Than It Seems.

Farm/Ag Trust Services

Transferring the family farm to the next generation

Succession and estate planning can be difficult and emotional for many American farms. However, they are necessary for the health of the farm and the future of the family members involved. Lack of direction in transferring the farm can make moving forward difficult for everyone involved.

Bank MidwestJuly 28, 2022