Do I Need a Trust?
Oftentimes when I am meeting with clients, we spend a significant amount of time focusing on fully understanding their personal and financial lives. This allows us to make sure that we can holistically address all of their needs, goals, and dreams for the future. During this process, we discuss in-depth the best ways we can […]
Agent for Trustee: Another Service Heartland Trust Provides
If you’ve been named as an individual trustee, it’s often considered an honor. However, you now have significant responsibilities to the current and future beneficiaries of the trust, which may feel overwhelming. Some of your duties as a trustee are to administer the trust in accordance with the terms of the agreement, invest the trust […]
Is a Charitable Trust A Good Option for You
Philanthropy is a key to the success of our region. The financial generosity of donors combined with donations of time and talents directly enrich the lives of those in need. This indirectly enriches the lives of us all. If you would like to make a gift now that will benefit both you and the charitable […]
Trusts Built Trust
Next year – 2020 – will mark 30 years that Heartland Trust Company has served our community. As you might know, we started our business by managing trusts, serving as trustee for the benefit of our clients and their beneficiaries. And over the decades, these trusts led to your trust – and our growth. Today, […]
Facing the Possibility of Incapacity
Incapacity means that you are either mentally or physically unable to take care of yourself or your day-to-day affairs. Incapacity can result from serious physical injury, mental or physical illness, advancing age, and alcohol or drug abuse. Even with today’s medical miracles, it’s a real possibility that you or your spouse could become incapable of […]
Famous People Who Failed to Plan Properly
It’s almost impossible to overstate the importance of taking the time to plan your estate. However, a 2017 survey from Caring.com estimates only 42 percent of American adults have a will or estate plan. Over 80 percent of those 72 and older have made these preparations, but that number drops significantly with younger demographics. You […]
How often should I review my estate plan?
Although there is no hard-and-fast rule about when you should review your estate plan, the following suggestions may help: You should review your estate plan immediately after a major life event. You’ll probably want to do a quick review each year because changes in the economy and in the tax code often occur on a […]
More Than a Trust Company
Before I joined Heartland Trust Company, I knew about its great reputation in our community and throughout the region. I admired this award-winning organization and its dedicated people, but like many others, I also thought the company only managed trusts. After all, the name is Heartland TRUST Company. That said, managing trusts is only one […]
