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

Related Posts

ITM – a new way to bank

ATMs can only offer so much. When you need to talk to a banking professional, that’s where the ITM shines. Simply select the option to talk to a live Bank Midwest employee and, in seconds, one of our employee-owners will appear on-screen to help you with your banking needs.

Saving for a house and other financial considerations

Buying your first house is both exciting and frightening at the same time. When starting to save for your home down payment, consider all the implications that may affect the home financing process as well as your budget after moving in.

Businesses fight back against fraud with positive pay system

In an evolving digital landscape, businesses can proactively defend against ACH and check fraud with a Positive Pay system from Bank Midwest. It detects fraudulent transactions before money leaves your account. Whether you run a large corporation or operate solo, dealing with fraud can disrupt your business.

Have a question?

Request a call back