Your estate plan is a critical financial management tool for protecting your family’s future. Much more than a Will that directs where your property goes when you die, a complete estate plan will contain thoughtfully crafted documents to protect your loved ones in case of disability or death.
If there are no legal provisions under an estate plan for handling your property, the state where you reside has laws that determine how your property will be handled. Chances are they won't be exactly what you would want, particularly in cases where there are second marriages and children from each marriage.
Once you decide what you want done with your property in case of death, the next most important decision to make is who will implement your written plan competently and completely according to your wishes.
It's important to know that most individuals do not have the necessary background, education and experience to handle the duties of the estate administration process. We are a trust company with fiduciary powers and have the legal authority to serve as your executor. We can also serve as co-executor with an individual of your estate plan.
As executor, we have the expertise and experience to competently and ethically administer an estate. We are independent, responsive, reliable and attentive and provide detailed statements and accounting. An executor must understand:
At First Financial Trust, we have been in the trust and estate business since 1927 and maintain a well-educated and expertly trained staff to assist you through every step of the estate planning process.
We work with you, your attorney and your CPA to gather financial information and define the goals you have for yourself and your family.
Following a death, families face very difficult emotional issues that are complex to process. Our professionals understand these situations and will settle your estate competently according to your written document, and with compassion and understanding for your heirs.