Trust Services

The Trust Department at Labette Bank, is comprised of an association of professional individuals trained to manage your investments. We provide a variety of services and strive to find the investment that will best suit your individual needs.

 

The Trust Department offers many types of accounts including:

 

  • Custodial Accounts
  • Management Accounts
  • Revocable & Irrevocable Trusts
  • Guardianships
  • Estates
  • Financial & Estate Planning 
  • Trust Asset Management 
  • Estate Settlement 
  • Farm Management Accounts
  • Real Property Management Accounts
  • Conservatorships  

 

We are proud to offer local Trust Administration at a reasonable cost. Whatever your needs may be, the Trust Department welcomes the opportunity to be of service .

 

Call our Trust Department today and set up an appointment at your convenience (620) 421-2265 (BANK) or email Lucas Nodine at lnodine@labettebank.com.

 

Custodial Accounts

Custodial Accounts are geared for those individuals who wish to place money in different types of investments (such as Mutual Funds, Government Securities, Stock, Certificates of Deposit) but don't necessarily want to take the time to handle the paperwork.

 

With a Custodial Account, you act as the investment manager and the Trust Department acts as your record keeper.

 

Management Accounts

Management Accounts are for those who want the Trust Department to take a more active role in the investment decisions. You still remain an essential participant in charting an investment strategy. Once again, we take the paperwork out of your hands and give you peace of mind.

 

Revocable and Irrevocable Trusts

"Control" is what makes trusts appealing to many individuals, and "control" is precisely what many trusts can provide. Whether you are interested in a Revocable Trust or an Irrevocable Trust, we are available to discuss the many options that are afforded to you.

 

Once you have made the decision to create a trust, an attorney will prepare the necessary paperwork. Our Trust Department can serve as trustee and we have years of experience in administering individual trusts.

 

Estates

Estates are comprised of all of the assets an individual possesses at the time of death. We are experienced in finalizing a deceased individual's finances so that the estate may be settled.