Trust & Wealth Management Service

Trust Administration

You can be assured that your loved ones will be taken care of by establishing a trust. And when First State Bank – Abernathy is selected as Trustee, you can be confident that your estate will be used and distributed according to your wishes.

What is a trust?

A trust is a legal agreement set up in order to transfer assets advantageously to beneficiaries – often your spouse, children, grandchildren or a charity. A trust agreement is prepared by an attorney according to your provided instructions and establishes the trust. The assets transferred to a trust may be managed and distributed by First State Bank – Abernathy as a trustee in accordance with the trust agreement.

A trust may be your most important financial legacy and contains assets that have been carefully safeguarded. Following your instructions, these assets are to be protected and distributed to the people you care about. With First State Bank – Abernathy, you can be certain that your wishes will be carried out just as you have planned.

Estate Administration

Settling an estate is an immense responsibility.

Picking the right executor – and the right team of supporting professionals – can make a meaningful difference in how easily and efficiently your loved ones will receive their inheritance and how well your plans are carried out.

Our Estate Administration Services Include:

• Collecting and preserving assets
• Distribution of assets
• Assistance in making tax decisions
• Recordkeeping
• Payment of final expenses
• File life and health insurance claims
• File all necessary tax returns and paying appropriate federal and state taxes.

Wealth Management

Accumulation, growth, protection or legacy planning; we are here for you in each phase of your financial life.

We aspire to help you reach your goals by safeguarding and growing your assets, so that you may continue enjoying a lifestyle to which you and your loved ones have become accustomed. Your legacy begins and continues here.