|
FREQUENTLY ASKED QUESTIONS
What Will Iowa State Bank’s Trust Department Do For Me?
- Work with you and your legal advisor in defining your
objectives as you prepare your Will and/or Trust
- Invest your assets, according to your predetermined goals
and objectives
- Receive and disperse funds; provide you with a complete
report of all income and expenses transactions; and year end tax
information
What Should I Look For When Choosing A Trustee or Executor?
- Training and experience in the administration of trusts and
estates
- Availability to you and your family
- Financial responsibility
- Unbiased objectivity in meeting your goals and objectives
What Are The Advantages Of Choosing Iowa State Bank Versus A
Family Friend Or Relative As Executor Or Trustee?
- Trust Department officers averaging over 20 years of trust
and banking experience; handling your estate and trusts is our
full-time business; expertise in all areas of trust and
investments
- Avoids or lessens the conflicts that may arise between
beneficiaries
- Procedures and reports must meet the standards established
by State and Federal Bank Examiners
How Would Iowa State Bank Invest My Money?
- According to your goals and objectives
- In individual stocks and bonds meeting our quality standards
Why Estate Planning?
- Ensures that your wishes are carried out and gives you peace
of mind knowing that you have done all you can to provide for
your family
- Protect your beneficiaries against unnecessary taxes and
expenses
- Designate a guardian to care for your minor children
|
