Trusts & Estate Administration

Gain peace of mind when you partner with FCT to navigate the complexities of trust management, estate planning and estate administration.

Trusts

Trusts are powerful, versatile estate planning tools with the ability to accomplish a number of estate planning objectives. Trusts come in many types for many purposes: Testamentary Trusts, Living Trusts and Life Insurance Trusts to name a few. A trust has value in that it ensures your property will be managed and transferred to others exactly as you intended. A trust can eliminate the possibilities of your property passing on to people you never intended or being lost through the inexperience of those who received it. It also can reduce or eliminate the costs of death taxes and probate that could leave your surviving spouse or beneficiaries with far less than you had planned.

First Community Trust ensures your property will be managed and transferred to others exactly as you intended. We serve as trustee for the following types of trusts:

  • Revocable Trusts
  • Irrevocable Trusts
  • Charitable Trusts
  • Trusts where we are successor trustee and/or co-trustee

Estate Administration

Estate settlement is a complex process requiring tax, investment, real estate and estate planning experience. Having years of experience, First Community Trust settles estates in a professional and timely manner. We are impartial, not subject to family pressures, and as a business, there is no interruption in the settlement process due to illness, death, or life difficulties.

The executor named in your will is your successor who must take the helm to settle your estate. It is critical that you select an executor that is prepared to perform the duties and be responsible for the following:

  • The Will
  • Probate
  • Safeguarding and Gathering assets
  • Asset Appraisal
  • Income Taxes
  • Gift Taxes
  • Distribution of Estate
  • Reporting & Accounting

Now, consider the advantages of having a Corporate Trustee. Backed by years of expertise, FCT adeptly resolves estates with professionalism and efficiency, ensuring a timely and proficient settlement process. Our Executor services can help protect your estate and save your beneficiaries time and worry. We understand the Executor’s broad responsibilities and are well-qualified to carry them out. FCT is committed to providing the highest level of service through:

 

  • Constant Availability
  • Financial Responsibility
  • Experience
  • Group Judgment
  • Impartiality
  • Professionalism

Contact Us



    Services for Individuals

    Our relationship with you will be guided by a highly qualified team with decades of experience, considerable education and professional credentials. Your portfolio manager will be actively involved in your account, and always accessible for discussions and decisions.

    Financial Planning

    Achieve your unique financial goals with a comprehensive, personalized plan developed through FCT’s holistic financial planning process.

    Trusts & Estate Administration

    Gain peace of mind when you partner with FCT to navigate the complexities of trust management, estate planning and estate administration.

    IRA Rollovers

    Rollover your 401k to FCT where you can take advantage of benefits such as investment flexibility and easy account access.   

    Investment Agency Accounts

    Establish your specific goals and leave FCT to effectively manage the details of your account.