There is a reason we have trust in our name. Civic Bank & Trust is a local bank and neighbor. We get to know our clients and they know we are always here to help them with their financial needs. This bond is formed when you become a customer at Civic Bank & Trust.
We have a team of experts ready to work with you and for you to administer and manage your trust needs to safeguard your legacy. We want to help you fulfill your objectives for asset management, preservation and distribution to the people and organizations that matter to you.
Choosing the right trustee is a critical choice. You will have peace of mind as you work with our trust team.
Real Trust Services for Real People
We have put aside the misconception that trusts are only for the wealthy and understand that many other people have trust needs. Our focus is to help meet your needs for managing and administering your financial affairs and assets for the benefit of your heirs and future generations. Your trust will define your values and your goals. We work for you as trustee and our commitment to outstanding customer service insures that we will always act in your best interest.
Reason to Consider Trust Services
When establishing a trust, determining whether it suits both your current and long term needs as well as those of your loved ones is of utmost importance. A trust should reflect your values and goals. Your trustee has the legal authority and fiduciary duty to manage the assets in your trust on your behalf.
Here are some common reasons to consider a trust:
- Professional asset management in the event of incapacity or death
- Complicated family situations or unreliable beneficiaries
- Provision for children from a previous marriage or children with special needs
- Establishment of structured charitable educational foundation and philanthropic giving
Frequently, family and friends are either not prepared or are unwilling to take on asset management, preservation and distribution responsibilities. As your trustee, Civic Bank & Trust offers continuity, competence and impartiality to insure that your vision for your assets are realized.
Trust Services We Offer
We will begin with a client consultation and work together in collaboration with your attorney, accountant or investment counselor as a team. If you do not currently have the assistance of one of these professionals, you may select one from the panel of professionals who work with us.
Custody and Oversight of Assets
We will take custody of the assets of your trust, provide for their safekeeping, invest principal and collect income generated therefrom.
Distribution of principal and interest
Pursuant to your trust terms, we will manage the distribution of principal and interest of the trust. We will oversee the preparation of annual trust tax returns and the payment of any taxes due.
We are your trusted advisors ready to help you prepare for future generations.
Call us today to schedule a FREE consultation 615.515.8000 or toll free 800.657.7709