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Planning Now Is The First Step To Your Financial Freedom
DuTrac Community offers members and businesses the ability to obtain trust and managed investment services through a partnership with First Community Trust.
No matter where you are in life, its wise to get professional asset management and estate planning assistance. The future of your loved ones is too important to leave to chance. First Community Trust is a national association chartered by the Comptroller of Currency of the U.S. Department of the Treasury. It is approved to offer a full line of fiduciary services to credit unions, their members, and others.
The professionals at First Community Trust have years of experience in trust, retirement, and investment services, and will work with you to carefully craft a philosophy and develop strategies that meet your specific objectives. For complete details, you can schedule a no-cost, no-obligation consultation with a First Community Trust Officer.
Services Available Include:
To find out how First Community Trust can assist you personally, contact Sharlene Kline, Vice President, at 563-557-5044 or 800-475-1331, Ext. 7344
The products offered by First Community Trust:
(1) are not federally insured;
(2) are not obligations of DuTrac Community Credit Union;
(3) are not guaranteed by DuTrac Community Credit Union;
(4) involve investment risks, including the possible loss of principal; and
(5) if applicable, are being offered by an employee who services both functions of accepting members' deposits and the selling of non deposit investment products. |
14 Common Reasons to Consider Estate Planning
1.)Designate who will manage your affairs if you become incapacitated and at death.
2.) Plan for Medicaid and its impact on your estate if you must go to a nursing home.
3.) Possibly avoid probate.
4.) Protect children from a prior marriage if you pass away first.
5.) Protect assets inherited by your heirs from lawsuits, divorces and other claims.
6.) Impose discipline upon children (and/or grandchildren) who may not be capable or experienced in managing money.
7.) Provide for special needs children and grandchildren.
8.) Insure that a specific portion of your estate actually gets to grandchildren, charities, etc.
9.) Protect a portion of your estate if you pass away first and your surviving spouse remarries.
10.) Address different needs of different children.
11.) Prevent or discourage challenges to your estate plan.
12.) Reward /encourage heirs who make smart life decisions, and prevent the depletion of your estate from those who do not make smart choices.
13.) Assure an education for children/grandchildren, despite what they (or their parents dream of doing with the inheritance.
14.) "Brady-Bunch" family estate planning: assure the stepparent doesn't spend your childrens inheritance and/or provide for a spouse without sacrificing the intended legacy for children of a prior marriage. |
