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When it comes to managing your assets during your life or upon your death, it takes more than family and friends to make the best decisions. It takes the experience and expertise of a corporate Trustee or Executor.
Our highly trained, well-educated professionals understand accounting, laws, regulations, and other important concepts related to the management of all types of assets. And above all, we are impartial, responsive, and committed to serving in the best interests of you and your beneficiary.
Throughout your lifetime, you have worked to provide security for your family, community, and your future by paying attention to your financial health. When you wish to safeguard the future of your finances to ensure care for your loved ones, it can be wise to seek legal structures that provide financial protection. One method of doing so is to establish a legal arrangement called a “trust.”
A trust is a legal entity whereby a person (trustor) designates another person or entity (trustee), to prudently and ethically manage the property conveyed to the trust for the benefit of themselves or others (beneficiary).
Your trust can be revocable (subject to change) or irrevocable (unchangeable), and management of your trust can begin during your life or following your death. Trusts are established to accomplish objectives unique to your personal circumstances and needs.
There are many reasons to set up a trust based on circumstances unique to you. If you answer “yes” to any of these following questions, then you should consider establishing a trust.
It is difficult at best for one individual to posses all of the characteristics necessary to manage a trust. Our trust management professionals are trained and educated to fulfill the duties of a trustee and deliver responsive service to the client.
At First Financial Trust, your needs are always our first priority and objective:
While individuals serving as a trustee could become ill, die, go on vacation or just decide they don’t want to work on the trust, we will always have someone dedicated to your accounts. We are examined regularly through regulatory audits, as well as through internal and external examinations.
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