Investment Agency Accounts
What are your financial goals? Do you want your assets to grow for the future? Do you want regular income now? Or do you want both-investment growth and reliable income? Do you have other financial objectives, possibly goals that are unique to your personal tax situation, business planning needs or charitable interests?
An Investment Management Account allows you to establish specific goals, leaving First Community Trust to effectively manage the details of your account. We tailor an investment program that meets your individual objectives and requirements. Then we accept the serious responsibility of supervising the day-to-day activities.With an Investment Management Account at First Community Trust, you receive complete portfolio management and evaluation. Your investments are monitored continuously to identify new opportunities and assure that our investment potential is maximized. Our complete record-keeping, regular statements, income collection, and flexible disbursements relieve you of the worry of managing your investments, while keeping you constantly informed. Knowing that your financial security is in capable, professional hands, you are free to focus on the other things in life. Back to top
If your career has changed or you have retired, you may be faced with the need to make changes to protect retirement income sources like an IRA or an employer sponsored 401(k) plan or a pension plan. As someone who already knows the value of setting aside money for retirement, you may be interested in finding out how easy it is to move your IRA to First Community Trust where you can take advantage of benefits such as investment flexibility and easy account access.
If you will be receiving a lump-sum distribution from any of these plans, you may be able to avoid premature or unnecessary taxes with one simple step: roll the funds over into an Individual Retirement Account (IRA). An IRA rollover provides you with an opportunity to take any eligible lump-sum distribution from an existing retirement plan or IRA and deposit it in an IRA.
We specialize in navigating clients through the complex rules and regulations surrounding individual retirement accounts and retirement plan distributions. We work with clients to develop an asset allocation strategy for their Rollover IRA, taking into consideration investment objectives, cash needs, risk tolerance, time horizon, tax implications and estate planning.Back to top
Trusts are powerful, versatile estate planning tools with the ability to accomplish a number of estate planning objectives. Trusts come in many types for many purposes: Testamentary Trusts, Living Trusts and Life Insurance Trusts to name a few. A trust has value in that it ensures your property will be managed and transferred to others exactly as you intended. A trust can eliminate the possibilities of your property passing on to people you never intended or being lost through the inexperience of those who received it. It also can reduce or eliminate the costs of death taxes and probate that could leave your surviving spouse or beneficiaries with far less than you had planned.
We serve as trustee for the following types of trusts:
Estate settlement is a complex process requiring tax, investment, real estate, and estate planning experience. Having years of experience, First Community Trust settles estates in a professional and timely manner. We are impartial, not subject to family pressures, and as a business, there is no interruption in the settlement process due to illness, death, or life difficulties.
The executor named in your will is your successor who must take the helm to settle your estate. It is critical that you select an executor that is prepared to perform the duties and be responsible for the following:
Now, consider the advantages of having a Corporate Trustee. With years of experience, First Community Trust settles estates in a professional and timely manner. Our Executor services can help protect your estate and save your beneficiaries time and worry. We understand the Executor's broad responsibilities and are well qualified to carry them out.