Naming a trustee to carry out your wishes upon incapacity or death is a decision that affects you and those you care about most. A trusted, competent family member is the logical first choice to be named as a trustee. However, an individual trustee can make poor investment decisions or neglect a beneficiary and not be held accountable. We are held to a higher standard.
That is why First Midwest Wealth Management is an excellent alternative when there is not a successor trustee ready, willing and able to serve. We have been performing trustee services for generations, and have the personnel, procedures and systems to effectively and efficiently comply with the terms of the trust.
Unlike many other corporate trustees, all of our trusts are assigned to an individual Wealth Management Officer who is supported with a large team of investment, estate law and tax professionals.
For more information on how First Midwest Bank Wealth Management1 can meet your needs, contact a First Midwest Wealth Management Officer today.Access Forms