Trust & Estate Services
Farmers Bank and Trust offers a comprehensive program of trust and asset management services. Our professional staff brings legal and accounting expertise together with years of experience to work for you in a private and personalized manner. Some of the types of services we offer are set forth below.
Testamentary Trusts
These accounts are established under a will and are usually for the benefit of surviving spouse, children, or any beneficiary who would benefit from trust services in the future. The terms of the will determine the trustee’s authority.
Living Trusts
These legal documents are established to utilize our investment management, to make gifts, or both. A living trust takes effect immediately during your lifetime, paying income to you or to others as you direct, and may continue beyond your lifetime for the benefit of others.
Executorships
Our trust department serves as executor of wills. Services include supervision, division of assets, and working with families and beneficiaries. We carry out all provisions you include in your will.
Investment Management
Another service provided by our trust department is a full management account. You retain title to all assets in your account while we provide professional investment management. We review and analyze your investments to be sure they meet your needs and objectives. You may withdraw assets, contribute additional assets or terminate the account at your discretion.
Self Directed IRA’s
A Self Directed IRA allows you to direct the investment of your IRA account into any permissible investment, such as stocks, bonds or mutual funds as opposed to a bank IRA. A Self Directed IRA can be a Traditional IRA, Roth IRA or a Rollover IRA.
For more information, please call 870-235-7040 or
Toll free 1-888-208-9603 and ask for the Trust Department.
