Trust options that you can depend on. Estate management that your family can be confident in.
Plan for Their Future. Protect What Matters.
One of the most meaningful ways to care for your family is to plan for the future. Estate planning helps you decide how your assets will be managed and passed on to the people and causes you care about. With a thoughtful plan in place, you can help reduce uncertainty for your loved ones and prepare for potential tax and other financial considerations.
A will is an important part of an estate plan, but a trust may offer additional ways to help protect your assets and carry out your wishes. And if you own a business, planning ahead for succession can help ensure a smoother transition and provide a clear path for the future.
Trust Services
Every family’s goals are different. Our experienced trust professionals take the time to understand what matters most to you and help you explore options that align with your needs.
We’ll work with you to develop a personalized plan, bringing together trusted money managers and accounting professionals to help you make informed decisions. From your first conversation to the steps that follow, our team is here to provide guidance and support along the way.
Take the next step toward greater peace of mind. Request an appointment, call us at 864-942-1569, or email us to learn more about our trust services.
To learn more, read our most Frequently Asked Questions below.
Trust & Estate FAQs
{beginAccordions}
Do I need to have a trust to use Countybank’s investment services?
No. You don't need to establish a trust to work with our investment professionals. While many clients choose a trust for the added benefits and services it can provide, you can also work with us through a simpler arrangement. All you need is a signed letter of instructions authorizing Countybank to serve as your investment agent.
What are the benefits of having a trust?
A trust gives you access to Countybank’s investment expertise while allowing you to arrange for additional financial services based on your needs. These services can be as simple as having estimated tax payments made while you're traveling or as comprehensive as managing your personal finances if you're unable to do so because of illness or injury.
You can also name beneficiaries to receive your trust assets after your passing, helping those assets avoid probate. Or, you can establish a trust that continues after your lifetime, providing ongoing income and financial support for your spouse, children, or other loved ones.
Is it difficult to set up a trust?
No. Setting up a trust with Countybank is a straightforward process. First, you'll provide the money or investments you want to place in the trust. Then, you'll provide a written trust agreement with instructions for managing those assets. Your attorney prepares the agreement, which you sign as the person creating the trust, along with Countybank as the trustee.
Can I maintain control of my trust after it's created?
Yes. Depending on the terms of your trust agreement, you may retain control in several ways. You can include provisions that allow you to:
-
Add money or investments to your trust or make withdrawals.
-
Cancel the trust.
-
Change or update your instructions by amending the trust agreement.
These options should be established in your trust agreement, so it's important to discuss your preferences with your attorney.
Are trust services expensive?
Countybank offers competitive trust service fees compared with those charged by investment advisory firms and mutual funds. Our services may also include additional benefits, such as investment management, securities safekeeping, and recordkeeping, depending on your arrangement.
How much money do I need to establish a trust?
You may not need as much as you think. Many people assume trusts are only for individuals with millions of dollars, but trusts can be structured to meet a variety of financial needs. Rather than focusing on a set minimum amount, we look at your individual circumstances and whether a trust is the right solution for you.
Our trust professionals would be happy to discuss your goals and help you determine whether a trust makes sense for your situation. Email us or call Trust Services at 864-942-1569 to learn more.
What kind of return can I expect on my investments?
Your investment returns will depend on your financial goals, the types of investments you choose, and current market conditions. For example, you may prioritize regular income, long-term growth to help offset inflation, or a combination of both.
Historically, diversified portfolios of quality stocks have offered opportunities for long-term growth through dividends and increases in investment value. Bonds have generally provided more regular income, though their overall returns have typically been lower than stocks. As your trustee, Countybank focuses on thoughtful investment strategies, careful asset allocation, and selecting quality investments to help pursue your goals over time. However, investment returns are not guaranteed, and the value of investments can fluctuate.
Are trust funds insured by the FDIC?
Most trust assets are invested in stocks, bonds, and other investments rather than held as bank deposits. These investments are not FDIC-insured. However, assets held by Countybank as trustee are maintained separately from the bank's own assets and are subject to oversight and audit controls.
FDIC insurance may apply to eligible cash deposits held within a trust. Coverage depends on the type of trust, ownership structure, and applicable FDIC rules. Contact Countybank or visit the FDIC website for more information about deposit insurance coverage.
How can I learn more about trust services?
Our trust professionals are here to help you understand your options and determine which services may fit your financial needs. We can provide additional information, discuss your investment goals, and answer questions you may have. Call Trust Services at 864-942-1569 or email us to get started.
How can I view my trust portfolio online?
To learn more about accessing your trust portfolio online, contact our Trust Services team. We'll be happy to explain your online access options and help you get started. Email us or call 864-942-1569.
{endAccordions}