Get the Assistance Your Family Needs Today
Planning for the future goes beyond managing assets—it’s about protecting what matters most and making sure your wishes are carried out the way you intend. Our Trust Services are designed to provide guidance, clarity, and confidence as you plan ahead.
We work with you to help manage, protect, and transfer your wealth in a way that reflects your goals and values. From supporting loved ones to preparing your estate for the next generation, our team is here to help every step of the way. Through Foresight Bank Wealth Management, our professionals can help determine the right trust and account options to fit your needs—delivering personalized support backed by experience and care. Services for the following account types are available through Foresight Bank Wealth Management.
Living Trust
A revocable agreement whereby the grantor transfers ownership of property to a trust account. The trustee then becomes responsible for all investment decisions, as well as periodic reviews of the trust's assets. A living trust guarantees professional investment management and continuity of your account in the event of your death or incapacitation. You have the option of naming yourself, a family member or friend, or a corporate fiduciary like State Bank of Herscher to serve as the trustee, giving them the freedom to make modifications to the trust as changes in your life occur.
Investment Management Agency Account
This is an account that allows the trust department of the bank to professionally manage assets placed into the account. The bank then provides professional investment management, custody, bill paying, and recordkeeping services. This type of relationship terminates with the death of the grantor, whereas a trust can continue after death.
Estate Settlement
This process includes gathering your assets at death to create a financial inventory and distributing them according to your will or trust. Working with your legal and financial advisors, we ensure your wishes are carried out smoothly and impartially. Our estate settlement experience offers valuable support to your family during a difficult time.
Irrevocable & Testamentary Trusts
A trust relationship is one where a trustee manages assets per the trust terms, handling distributions, expenses, and investments for the benefit of all beneficiaries.
Testamentary trusts are created by a will and take effect at death, while irrevocable trusts are established during life but become effective after the grantor’s death or incapacity.
Guardianship
A court appointment where a trustee or guardian manages all properties of a minor or disabled adult. A guardian is often used to relieve family members or friends of the burden of managing the beneficiary's assets.
Custodial Account
This process involves gathering your assets at the time of your passing to create a complete financial inventory and distributing them according to your will or trust. In collaboration with your legal and financial advisors, we help ensure your wishes are fulfilled efficiently and impartially. Our estate settlement experience provides meaningful support to your family during a challenging time.
Investments provided through Foresight Bank Wealth Management and/or our partnership with Atlatl Advisers are not FDIC insured. There is no financial institution guarantee. Your account may lose value. Not a deposit, not insured by any federal government agency.