Fiduciary Advisory Services
Fiduciary Advisory Services
There are a lot of terms used in banking that you may not hear in everyday life. A fiduciary is someone who manages money or property for someone else. Most importantly, the fiduciary has a legal responsibility to look after the person’s money or property for their benefit. That means when you work with a Heartland Bank fiduciary, you can be sure that your best interest will be the reason behind every decision.
Estate Planning
Estate planning is a critical component of wealth management. You’ve worked hard to get where you are. Make sure you leave a legacy for your family and support the causes that you care about most.
Heartland Bank’s experienced Wealth Management team offers fiduciary advisory services to help you navigate the planning process. If you choose to appoint us as executor, we will help settle your estate in accordance with your wishes. Additionally, if named as Trustee, we can seamlessly manage the assets within your trust.
Whether you want to protect your assets, ensure smooth asset distribution after your passing, or plan for incapacity, we’ve got you covered. You can achieve your estate planning goals for generations to come.
Trusts
A trust can be a great tool in your financial planning toolbox. It’s a legal arrangement that lays out how an individual’s assets will be managed during their lifetime, through any incapacity they may experience, to their death and beyond. There are several different types of trust, and each is designed for a specific purpose. Although trust law is complex and you’ll need an attorney to establish one, mastering the basics isn’t hard.
A well-designed trust will help save time, paperwork and other headaches for families and loved ones when it’s time to settle an estate. It can provide peace of mind by ensuring assets go to the right people and it avoids the public, court-supervised probate process. Trusts can also help reduce estate taxes, and provide more control over how beneficiaries use the trust’s assets. You can design a trust with some peace of mind, because your trustee is legally obligated to carry out your wishes.
Why Use a Corporate Trustee?
- Expertise – The Heartland Bank team are highly trained, experienced wealth professionals.
- Objectivity – As a fiduciary, we administer your trust in a professional and impartial manner.
- Continuity – We provide seamless trust administration over the duration of your trust.
Securities and insurance products are NOT deposits of Heartland Bank, are NOT FDIC insured, are NOT guaranteed by or obligations of the bank, and are subject to potential fluctuation in return and possible loss of principal.
Heartland Bank and Trust Company Asset Management and Trust Services is not a broker/dealer. Equity and bond trading in customer accounts is transacted through independent broker/dealers.
Legal, Investment and Tax Notice: This information is not intended to be and should not be treated as legal advice or tax advice. Readers should under no circumstances rely upon this information as a substitute for their own research or for obtaining specific legal or tax advice from their own counsel.