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Trusts and Estates

Trust Services 

Reach investment objectives, create financial security, and minimize estate taxes with Trust Services from UNION Savings BANK. Our trust professionals will work with you to tailor a plan that provides long-term financial confidence for you and your heirs.
 

What are some of the benefits of a trust?

  • Preserve the wealth you have accumulated
  • Provide a smooth transition of benefits for loved ones
  • Possible avoidance of some fees in your estate
  • Possible avoidance of undue publicity of your estate

What are the advantages of creating a trust?

With a trust, you can not only draw on our broad investment capabilities but also arrange for us to perform any number of special services, now or in the future. These services could range from making payments, managing an investment portfolio, and more. The services we offer are customizable, based on your unique needs. Additionally, trusts can be used for investment management and tax planning.

How big must a trust fund be?

We work with trusts of all sizes! We strive to be an inclusive organization, and we don't think in terms of fixed minimums. Instead, we ask, "Is a trust the best way to meet this persons' financial management needs and goals?".

Estate Planning & Administration

You've worked hard for what you have, and you want to preserve your wealth for future generations. UNION Savings BANK's Estate Planning and Administration services provide a plan to help plan and protect your assets today and for the future.

Estate Planning

  • Create a blueprint for how your estate will be managed during your lifetime and thereafter.
  • We carefully consider your complete financial picture - personal objectives, assets types, and the future tax implications of any changes. 
  • Our staff works closely with your attorney, accountant, and other estate planning team members to customize a plan that's tailored for you.

Estate Administration

As the named executor, UNION Savings BANK will settle your estate based on your wishes see that the legal and reasonable instructions in your will are followed based on your instructions.

Estate Administration services available include:
  • Collecting, securing, and valuing assets.
  • Paying expenses, debts, and taxes.
  • Reviewing claims against the estate
  • Filing tax returns
  • Managing assets during the settlement (probate) period
  • Distributing assets as instructed in your will
Additional Information:
Not FDIC insured. NOT guaranteed by the financial institution or any Federal Government agency. May lose value, and fees may reduce earnings. Neither UNION Savings BANK nor its employees, practice estate, or tax law. Professional counsel is recommended for tax and estate planning. The information contained in this site is meant to be for educational and informational purposes only and should not be interpreted as a representation, recommendation, or endorsement of any investment estate plan.