Guardianship Services

First Midwest Bank offers Guardianship Services for those who are required to have a corporate fiduciary act as guardian of an estate. The guardian of the person provides the day-to-day care of a minor or incapacitated adult ward, and the guardian for the estate is responsible for financial matters. The same person can serve in both capacities, but the court may decide that it is more appropriate to use the services of a corporate fiduciary.

First Midwest Bank Guardianship Services typically include:

  • Paying all bills and ongoing expenses.
  • Helping determine living expenses and cash flow needs.
  • Monitoring medical insurance filings and expenditures.
  • Preparing and filing of federal and state income tax returns.
  • Prudently investing and managing the assets.
  • Coordinating with consultants and the guardianship attorney.
  • Preparing periodic court accountings.
  • Keeping families involved with the decision-making process.

We understand that selecting a guardian is an important decision. First Midwest Bank will listen to your concerns and advocate for your loved one’s needs with professionalism and expertise. We work hard to make the guardianship process easy for you and your legal representative. Our dedicated and concerned staff has decades of experience acting as a guardian, and it is our goal to meet your needs and those of your family. The relationship manager assigned to each guardianship client also knows how to work with consultants and legal representatives for the benefit of the person and the family as a whole. We are here to help you work through the issues that arise when managing the affairs of those who cannot do it for themselves.

To find out more about Guardianship Services, contact a First Midwest Wealth Management Officer1 today.

Wealth Management Contact Us

Customer Care

Got questions? Get answers.

Call us at 800.322.3623.

  • Monday – Friday: 7am – 7pm
  • Saturday: 8am – 5pm
  • Sunday: 9am – 2pm

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