Trusts & Wealth Management

Preserving Your Wealth Today, For Tomorrow

Within North Side Bank & Trust Company’s Trust & Wealth Management Department our goal is to create objective investment plans to help our clients build and maintain their wealth.  By following a disciplined approach, we work to remove subjectivity from investment decisions. At North Side Bank & Trust Company, our investments start with the building blocks of establishing lasting relationships with our clients. In doing this, our experienced financial professionals are able to develop and maintain a plan that will meet your return objectives within your comfort zone of risk.

What is a Trust?

A trust is a legal arrangement naming a responsible party (usually a bank trust department or a trusted person) to hold, safeguard and invest assets such as stocks, bonds, cash, or real estate for someone else’s benefit.  Trusts usually exist for a predetermined period of time or for a beneficiary’s lifetime, if appropriate. At the end of the trust’s existence, the assets are distributed according to the written terms of the trust document allowing the person who established the trust to control the distribution of the assets.

Why should you create your Estate Plan with us?

North Side Bank & Trust Company knows that you have devoted a considerable amount of time and thought to your personal finances over the years, your planning should include the eventual transfer of those assets.  By creating a good estate plan, you may not only save on taxes, but you also ensure that your property is transferred to the people specifically selected.  Trusts can be an important tool in accomplishing both objectives. They are often used as part of a plan to reduce taxes and/or assist loved ones with their financial matters.

Our Trust and Wealth Management Department help prepare an estate plan by working with our clients and their attorney’s to develop strategies that meet your unique family benefit requirements.  Trust Officers at NSBT take pride in administering and investing trusts to provide for the needs and best interests of the trust beneficiaries.

 

North Side Bank & Trust Company’s Trust Services

Asset Management – We can help you understand past market and portfolio performance to help guide your future investment decisions. We will work with you to provide guidance for the right balance between risk and return that meets your specific needs and goals.

  • Asset allocation
  • Customized investment strategy
  • Consolidating of assets

Trust Administration – Investment professionals experienced in investment and fiduciary disciplines will develop a customized plan to manage your assets in order to carry our goals.

  • Personal trust administration
  • Charitable trusts

Estate Planning & Administration – An effective estate plan will serve as a blueprint, now and for the future, to meet your family’s tax, investment, and legal objectives.

  • Provide support and financial stability for your surviving family members.
  • Preserve wealth for future generations.
  • Minimize tax and expenses associated with transferring your assets.
  • Investment management
  • Individual Retirement Accounts (IRAs)
    • Rollover IRA, Traditional IRA, Roth IRA, Inherited IRA

Financial & Retirement Planning

  • Saving for retirement
  • Saving for college
  • Life insurance
  • Fixed annuities
  • Variable annuities

 

It’s never too early to start thinking about the future. Contact our Trust & Wealth Management Department at (513) 542-7800.


Non-deposit investment products are not insured by the FDIC or any other agency of the United States, are not obligations of, or guaranteed by North Side Bank & Trust Company. Non-deposit investment products are subject to investment risks, including the possible loss of the principal amount invested.