Peace of Mind for Tomorrow
What is a Trust?
A trust is an arrangement in which a Trustee (such as the UBI Trust Department) manages property for the benefit of an individual or organization (the Trustor).
A trust can help you manage financial affairs, keep family assets intact for future generations, minimize estate and inheritance taxes, or provide a way to pass assets to a charitable organization.
Common Types of Trusts
Generally created in your lifetime, a revocable trust is set up to assure your wishes are carried out as you intended and can be changed at any time prior to your death.
Set up to protect your assets, an irrevocable trust cannot be modified in any way once it has been established; all title to assets are in the name of the Trust, which will pass on to future generations, as designated.
A trust that’s effective during the Trustor’s lifetime and usually revocable.
Established via the Will of a deceased person, they ensure property will be administered in accordance with his or her wishes.
This trust allows you to leave a legacy for the benefit of a charitable organization.
If you’re interested in securing care for a spouse or loved one, protecting your financial future, or preserving assets for your children, we offer our estate planning and Executor services. We can invest, manage, and administer your property to minimize taxes and maximize income and growth. We can also act as Executor to carry out the terms of your Will.
Agency and Fiduciary Arrangements
We’re here to administer your wishes as they were intended. For people who are unable, or prefer to have the bank take care of their financial affairs, there are various agency and fiduciary arrangements which can be made to assist in record keeping and asset management. These arrangements allow our team to manage an individual’s personal and financial affairs as intended through Power of Attorney or Conservatorship.
Give yourself the comfort of knowing your assets and loved ones are protected.
Our United Bank of Iowa Trust Team
(From top left) Dan Dotzler, Bob Roby,