Living Trustee Services

Living Trustee Services

A Living Trust allows property owners to take advantage of our investment expertise while they are still living. With JBT Financial Services named as trustee, we take possession of securities, keep them safe in our vaults, and perform all of the troublesome paperwork associated with trust management.

Trust investments are made under the continual watch of our investment officers—always with your personal investment goals in mind. Income is paid to the trust creator or to a designated individual.

A Living Trust has many benefits:

  • In the event of physical or mental disability, it can pay bills and protect property without the intervention of a court-appointed guardian.
  • A Living Trust can survive the creator and continue to furnish financial security for your family. Like the Testamentary Trust, the Living Trust may have tax savings benefits, and since the assets in a Living Trust usually avoid probate, the expenses of administering the trust maker’s estate can be significantly reduced.
  • Most Living Trusts are revocable. This flexibility allows you to amend or terminate a trust—an opportunity that lets you change a trust to meet the changing needs of your family.