Personal Trust

Citizens National Bank's Wealth Management Team has extensive experience and knowledge related to managing the needs of trust clients. In fact, Citizens National Bank was granted trust powers in 1927. Our goal is to assist in the management of your personal wealth, enabling you to accumulate and transfer wealth according to your wishes.

Each trust is different because each is established to meet the needs of its beneficiaries as determined by its grantor. We can help you create a personal trust for children or a charitable trust. We can serve as sole trustee, co-trustee or successor trustee. Trustees accept legal responsibility for carrying out the terms of the trust and perform many services as part of this responsibility. The services of trustees can include the following:

  • Accounting and reporting
  • Investment management
  • Custody of securities
  • Compiling of tax information

We understand the unique nature of each trust and have expertise in managing the assets held within a trust. They may be financial assets such as cash, stocks, bonds or mutual funds, or natural assets like real estate, timber, oil and gas. By helping you set up a trust we can assist you in creating family and charitable legacies for the benefit of current and future generations.

We can help determine which trust best fits your needs.

 


Securities are not insured by bank insurance, the FDIC or any other government agency, are not deposits or obligations of the bank, are not guaranteed by the bank, and are subject to risks, including the possible loss of principal. Citizens National Bank is not a tax expert or CPA. Consult a tax expert or CPA.