HDR - Bull and Bear

Trust Services

A trust is a relationship whereby property/assets are held by one party for the benefit of another. A trust is typically created by a settlor, or trustor, who transfers some or all of his/her property to a trustee, who holds that trust’s property and/or assets for the benefit of the beneficiaries.

This relationship is governed by the terms of a trust agreement. The trust agreement directs the trustee on what to do with the trust assets, both during a grantor’s lifetime and upon their death.

Trusts can be used as a planning tool to preserve family relationships, attain personal financial goals, protect assets and ensure tax savings.

Typical types of trusts are:

  • Revocable Living Trusts
  • Irrevocable Living Trusts
  • Testamentary Trusts
  • Life Insurance Trusts
  • Special Needs Trusts
  • Self-Directed Retirement Account
  • Conservator Accounts

More Information

Customers who are curious as to whether a trust is the right tool to manage their wealth, or are interested in beginning the trust process, should contact our Trust Officer, Brian Judy.

Phone: (308) 632-3989

Helpful Information