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Testamentary Trust

Upon your death, a provision within your last will and testament creates a Testamentary Trust. Specific assets are turned over to a trustee to provide care for your beneficiaries as directed. Wtih First American as the trustee, you can take comfort knowing that our team of professionals will fulfill the terms and provide continuous management for the life of the trust. Among the benefits of a Testamentary Trust:

  • The assurance that each beneficiary's inheritance is protected
  • Corporate trustee has unlimited life
  • May create certain tax savings
  • Beneficiary receives assets without the burden of management

Investments offered by Trust and Investment Services are NOT FDIC INSURED, provide NO BANK GUARANTEE, and MAY LOSE VALUE.

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