Trust Fiduciary - Bennington State Bank

[fusion_library_content_width] WP_Hook Object ( [callbacks] => Array ( [10] => Array ( [000000001b1e66450000000057a458f7content_width] => Array ( [function] => Array ( [0] => Avada_Images Object ( ) [1] => content_width ) [accepted_args] => 1 ) ) ) [priorities:protected] => Array ( [0] => 10 ) [iterations:WP_Hook:private] => Array ( ) [current_priority:WP_Hook:private] => Array ( ) [nesting_level:WP_Hook:private] => 0 [doing_action:WP_Hook:private] => )

Trust & Fiduciary Services

You’ve worked hard to create a legacy, let us help make the transition smooth. We bring clarity and consistency in carrying out grantor’s intentions benefitting trust beneficiaries.

Close Up Of Smiling Couple Signing Financial Document At Home

Revocable Trust

We work directly with the grantor on assets they choose to have us manage or hold within the trust. The grantor retains the ability to make changes, modify or even revoke the trust during their lifetime, providing them with flexibility and control. Often, we will be named successor trustee when the grantor is no longer able to serve as trustee.

Irrevocable Trust

The grantor gives up control over the assets and we are typically named the trustee of the trust. As trustees, we are legally responsible for administering the trust according to the terms and instructions outlined in the trust document and state law.

Testamentary Trusts

A trust created upon the death of the individual. When created we are named trustee, and we ensure assets are managed and distributed according to the individual’s wishes.

Estates

A process of handing the management, protection, and distribution of assets according to the deceased individuals’ wishes and legal requirements. This process includes the paying of debts, liquidating assets if necessary, and transferring assets to beneficiaries.

Holding hands, nurse and happy senior woman in a wheelchair with help or support for wellness. Elderly patient person with a disability and caregiver talking about healthcare, smile or medical care

Conservatorships

A court appointment of us as conservator to manage the financial affairs of an individual who is deemed unable to manage their affairs due to incapacity, disability, or other reasons. We make important decisions about their finances, pay bills, manage assets, and handle financial transactions.

Special Needs Trusts

We serve as a trustee, administering the funds according to the terms of the trust. We are responsible for using the assets to supplement, not replace, government benefits by paying for goods and services that enhance the beneficiary’s quality of life.

Caretaker with senior people in nursing home

Schedule a Consultation

Schedule a consultation today with our team of local wealth experts. It’s time to begin a generational partnership with accessible, trusted partners who have your best interests at heart.

Schedule your consultation

Meet our Wealth Team

Your local team of wealth experts.

BSB Trust & Wealth Management Team

Investment Products: Not FDIC Insured • Not a Bank Deposit • No Bank Guarantee • May Lose Value

You are now leaving The Bennington State Bank

The Bennington State Bank provides links to web sites of other organizations in order to provide visitors with certain information. A link does not constitute an endorsement of content, viewpoint, policies, products or services of that web site. Once you link to another web site not maintained by The Bennington State Bank, you are subject to the terms and conditions of that web site, including but not limited to its privacy policy.

You will be redirected to

Click the link above to continue or CANCEL