Specialized Expertise
The Future Belongs To Those Who
Prepare For It.
In many ways, planning for tomorrow
is preparing for the unknown. The question is not what will happen,
but how are you going to deal with it? And who will make the decisions
that will be in your best interests?
Irwin Bank Offers:
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Estate Planning
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Investment Counseling and Implementation
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Strategies for Wealth Preservation.
We help you develop and implement a
sound financial strategy that will result in the maximum preservation and
optimum management of your estate for the benefit of your loved ones.
Many others in your position have
come to the same conclusion. They trust their futures to Irwin Bank
and Trust. You can, too.
Our Trust Services Department
offers specialized expertise to keep pace in today's economic environment.
It takes two sets of skills to succeed
as a trust advisor and manager. The first necessity is a thorough
knowledge of all the various financial instruments and options. Second,
is the technical knowledge required to maintain performance levels.
As your personal trust manager,
we have both the financial and technical skills necessary. We have
the tools, such as advanced financial modeling and analysis software and
high speed communications networks. We also have access to some of
the smartest minds in the financial field. As a result, we can develop
a comprehensive program that is designed for your particular situation,
then closely monitor and manage its performance over time.
Estate Planning Services.
Your Irwin Bank and Trust advisor
will work with your personal legal and financial advisors to craft a plan
that reduces estate taxes, minimizes estate administration expenses, and
provides financial protection and peace of mind for your family and loved
ones.
Life Insurance Trust Services.
A Life Insurance Trust is essentially
a policy that names the trustee as beneficiary. The trustee then
invests the funds on behalf of your family members, manages those funds,
and distributes proceeds as directed by the trust.
A Life Insurance Trust offers a
number of advantages. It eliminates the need for the surviving family
members to choose suitable securities, monitor the performance, keep records,
and administer disbursements. It is flexible enough to handle short-term
financial needs, as well as longer-term requirements. And it can
enable a spouse or guardian to concentrate on raising children, rather
than simultaneously managing an inheritance.
Living Trust Services.
In a Living Trust, the trustee begins
to execute the terms of the agreement during one's lifetime, as well as
after.
You can fund a living trust with
securities, property, or investments. We manage the trust, distribute
income according to your wishes, invest any new funds that you may add,
and handle any withdrawals.
If the trust has been set up as
a revocable living trust, you can change beneficiaries, alter any instructions,
even cancel the trust should your needs change. Irwin Bank's Living
Trust offers the benefits of sound investment management, the ability to
pay recurring bills and handle many administrative tasks, greater privacy
than other options, and reduced estate settlement costs.
Testamentary Trust Services
A Testamentary Trust is established
as part of your will. It places part, or all, of your post-settlement
estate in the care of a trustee who follows the instructions in your will.
A Testamentary Trust enables you to appoint a professional caretaker over
your estate; one who is legally responsible for his/her actions.
A Testamentary Trust is a particularly
appropriate way to aid elderly parents, support charities, assure that
children can benefit from an inheritance throughout their lives, and provide
relatives with the benefits of your estate, while eliminating the burden
and responsibility of administering it. In certain situations, a
Testamentary Trust can also reduce or avoid estate taxes.
