The Trust Department of United Bank of Iowa offers personal trust services, estate planning and administration, conservatorships, agency accounts and retirement plans.
Many people envision trusts as highly detailed and complicated. However, trusts can be quite simple and are advisable in any situation where a person wants to guarantee that a certain objective is accomplished.
Anyone can benefit from a trust. We administer trusts for individuals of all ages. In many instances the purpose of the trust is to keep family assets intact and use the income for the benefit of several generations – with eventual distribution to grandchildren, other family members or to charity. Eventual distribution can be tax-free with proper planning being done in advance.
A trust is the only way to ensure that your wishes are carried out, both during your lifetime and, if desired, for many years after your death ensuring your beneficiaries receive a lifetime income stream.
Our Trust Department can help you accomplish the three major objectives of estate planning:
The Trust Department performs professional services in the administration of the following:
Contact our Trust Department to schedule an appointment! Start making plans today to make sure your wishes are carried out during your lifetime and for future generations.
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