Fiduciary Services

Discover the confidence that comes with personalized trust services backed by the experience of serving clients for over 80 years. First American Bank Private Wealth Management has the size, experience, and ability to meet your trust and estate settlement needs. We offer a full range of investment and trust services through personalized service. First American services as fiduciary in many capacities:

Trust Services

A trust may be one of the best, most flexible tools available to help protect and manage your assets. A trust allows you to direct how your assets are managed during your life and after; it can help provide both the control and the flexibility you need. As Trustee of your trust, First American Bank will manage and safeguard your assets; provide accounting and record keeping; distribute them to the appropriate beneficiaries based upon standards you set forth in the document; pay all bills and provide all tax information. First American Bank commonly serves as trustee for types of trusts including:

  • Revocable Trusts
  • Irrevocable Trusts
  • Trust Investment Management Agencies
  • Trusts Under Will
  • Marital and Bypass Trusts
  • Charitable Lead/Remainder Trusts
  • Irrevocable Life Insurance Trusts

Estates

Naming First American Bank as Executor of your Estate allows you to having your final affairs handled by a professional, neutral party. Let us work with the Estate Attorney to prepare an inventory of your assets, pay final bills, and distribute your assets in accordance with the terms of you will. As Executor, First American Bank will also file appropriate tax returns and pay appropriate taxes.

Charitable and Planned Giving

The Wealth Advisors at First American Bank can discuss with you various strategies to meet your philanthropic objectives, including:

  • Charitable Lead Unitrusts
  • Charitable Lead Annuity Trusts
  • Charitable Remainder Unitrusts
  • Charitable Remainder Annuity Trusts
  • Private Family Foundations