Planning tools designed to help manage, protect, and transfer assets over time.
Trust planning can help support a smooth transition of assets across generations while helping families carry out long-term goals and wishes with clarity and structure. Trust services provide ongoing administration and oversight to help ensure trusts are managed according to their intended purpose.
Every trust is designed around different goals, timelines, and family needs. The right trust structure depends on your unique situation and long-term plans.
A revocable living trust can help provide direction for how assets are managed during your lifetime and passed on in the future. Because the trust can be updated as life changes, it offers flexibility while helping families plan ahead with confidence.
Often used to:
Maintain control of assets during life while helping simplify the transfer of assets and support privacy for future generations.
An irrevocable trust places assets into a long-term trust structure that generally cannot be changed once established. Depending on your goals, this type of trust may help support asset protection, estate planning, and long-term financial planning strategies.
Often used to:
Support long-term planning goals through asset protection and potential estate or tax planning advantages.
A charitable trust allows individuals and families to support charitable organizations while also incorporating giving into a broader legacy plan. These trusts can help align charitable goals with long-term financial and estate planning.
Often used to:
Create a lasting charitable impact while supporting long-term legacy and planning goals.
A life insurance trust helps manage life insurance policies outside of direct ownership and provides direction for how proceeds are handled in the future. This type of trust can play an important role in estate and legacy planning.
Often used to:
Provide structure for life insurance benefits while supporting estate planning and future family goals.
A burial trust allows funds to be set aside specifically for funeral and burial expenses. Planning ahead can help provide clarity for loved ones and ease future financial responsibilities during a difficult time.
Often used to:
Prepare for funeral expenses and help reduce financial stress for family members.
State Bank & Trust Co. may serve as trustee, helping manage trust responsibilities according to the terms and goals of the trust. Our team provides ongoing administration, oversight, and communication to help ensure the trust continues to serve its intended purpose over time.
Having a neutral trustee can help provide consistency, accountability, and thoughtful administration for individuals and families across generations.
Every family, situation, and long-term goal is different. A conversation with our team can help you better understand trust options and determine what may fit your planning needs best.
Non-deposit investment products are not insured by FDIC, not a deposit or other obligation of, or guaranteed by State Bank & Trust Co., and may be subject to investment risk, including possible loss of the principal amount invested.
Routing Number: 073921831
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