Frequently Asked Questions

What Will Iowa State Bank's Trust Department Do For Me?

• Work with you and your legal advisor in defining your objectives as you prepare your Will and/or Trust
• Invest your assets, according to your predetermined goals and objectives
• Receive and disperse funds; provide you with a complete report of all income expenses transactions; and year end tax information

What Should I Look For When Choosing A Trustee Or Executor?

• Training and experience in the administration of trusts and estates
• Availability to you and your family
• Financial responsibility
• Unbiased objectivity in meeting your goals and objectives

What Are The Advantages Of Choosing Iowa State Bank Versus A Family Friend Or Relative As Executor Or Trustee?

• Trust Department officers averaging over 20 years of trust and banking experience; handling your estate and trusts is our full-time business; expertise in all areas of trust and investments
• Avoids or lessens the conflicts that may arise between beneficiaries
• Procedures and reports must meet the standards established by State and Federal Bank Examiners

How Would Iowa State Bank Invest My Money?

• According to your goals and objectives
• In individual stocks and bonds meeting our quality standards

Why Estate Planning?

• Ensures that your wishes are carried out and gives you peace of mind knowing that you have done all you can to provide for your family
• Protect your beneficiaries against unnecessary taxes and expenses
• Designate a guardian to care for your minor children