Will & Trust - Who's in Charge?

800 Audubon Way,Lincolnshire IL 60069

10 August, 2022

Description

JOIN US for an in-person, interactive workshop hosted by BankFinancial.One of the many decisions that people are faced when creating an estate plan is “Who will be executor of my estate, or trustee of my trust?” These seemingly simple decisions are extremely important. A well-designed estate plan can fail to operate as intended if the executor or trustee lacks the experience or ability to administer the estate. Having a family member act as executor or trustee can add unwanted stress and conflict to an already complicated situation. Should you consider having a bank help, and, if so, what are the benefits? In this workshop on Executors and Trustees you will learn: How to collect and inventory assets Initiating probateHow to protect and manage estate assetsHow to deal with taxes and debtsNotifying beneficiaries and distributing assetsActing as a fiduciary The duty to obey the terms of a trustRegister NOW! BankFinancial Investment Services are: Not FDIC insured | May lose value | Not financial institution guaranteed | Not a bank deposit | Not insured by any federal government agency