Trusts & Wealth Management
Preserving Your Wealth Today, For Tomorrow
Within North Side Bank and 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 and Trust, our investments start with the building blocks of establishing lasting relationships with our clients. In doing this, our highly trained staff is 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 and 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 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 within NSBT take pride in administering and investing trusts to provide for the needs and best interests of the trust beneficiaries
To contact our Trust and Wealth Management Services at NSBT about current or future accounts call: (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 The North Side Bank and Trust Company. Non-deposit investment products are subject to investment risks, including the possible loss of the principal amount invested.