In the area of trusts and estates, we can serve if needed as trustee of your trust, executor of your will, and as attorney-in-fact under your power of attorney.
Trusts & Estates
When you create a well-rounded estate plan, you will usually create a trust or will along with a power of attorney for financial matters. At some point, you will become unable to manage your own affairs, whether due to disability or death. When that happens, you will need someone else to succeed you — to step into your shoes to administer your trust, execute your will, or serve as your attorney-in-fact under the power of attorney. It is critical that whomever you choose would have the time, the desire, and the expertise to do the job well.
It is rare for family members or friends to have the requisite qualifications — but the Trust Department of The Peoples Bank does. With more than 20 employees with experience in trusts, estates, finance, investments, tax, law, real estate, and more, The Peoples bank is the best choice to serve you.
We can serve as the successor trustee of your trust during your lifetime if you become disabled, as the successor trustee of your trust upon your death for purposes of settling your estate, and as successor trustee of your trust if you designed your trust to continue for years beyond your passing. We can also serve as Executor of your Will upon your passing. And during your lifetime, if you become disabled, we can serve as your attorney-in-fact under your power of attorney document, if needed. We also serve as conservator to manage the financial assets of adults who are incapacitated and of minors until they reach the age of majority.
Estate Planning Discussions
We also offer complimentary estate planning discussions that help explain (1) what an estate plan is, (2) what documents are typically needed, (3) what decisions you need to make, and (4) what your next steps are to complete your plan.
If you would like more information on our trust and estate services, please contact us to set up a no-obligation consultation at a time that’s convenient for you.
Important Estate Plan Documents
- Trust
- Financial Power of Attorney
- Trust Certificate
- Healthcare Power of Attorney
- Trust “Funding” Documents
- Medical Directive
- Will
- Personal Property Memo
Having the above documents in place is an important step in protecting your assets. If you have questions about how to obtain any of these documents, contact us to set up a no-obligation discussion at your convenience.
Non-deposit investment products are not FDIC insured, are not bank guaranteed, and may lose value.
The Peoples Bank Trust Department
Always looking after your:
