Protecting your family’s future begins with protecting your assets. At First Wealth Management we offer a variety of Personal Trust Services designed for families and individuals of all ages. Instead of waiting until retirement, we invite you to think holistically about your portfolio and learn what type of trust is right for you.
The Flexibility & Protection of a Revocable Trust
A revocable trust or “living trust” combines our expertise in portfolio management with estate planning, a combination ideal for those approaching or in retirement. A revocable trust allows you to maintain your financial security and protect your assets from probate without locking up funds.
Establishing a trust as an investment tool includes designating the First as trustee. As your trustee we manage your invested funds according to your financial goals. Included are services associated with full portfolio management such as record maintenance for tax and investment purposes, redeeming called or mature bonds and oversight of securities.
Just as with traditional portfolio management, you are able to come to us for investment recommendations, and you may change the terms of the trust, contribute additional funds, make withdrawals or cancel the trust as you wish.
This type of trust also protects your assets from probate in the event of your death. You are able to name beneficiaries to receive the trust. With an investment strategy centered on a trust, a family can save significant portions of the estate and pass these assets on to children or heirs.
Today’s Personal Trust Services are flexible and functional. You are cordially invited to explore the many types of trust and services we can offer you and your family.
