Trust Services

A Living Trust will allow you to secure and manage a variety of assets, such as collectibles, your investment portfolio, or even a closely held business.

As the trustee, you will be able to control your estate planning until you have directly appointed a new trustee or if you are no longer able to manage your estate through incapacitation or death. At that point, your successor trustee will gain full control over the administration of trust assets.

Our Special Needs Trust and Supplemental Needs Trust are often established for individuals with physical or mental developmental challenges, individuals disabled due to accident, and elderly individuals.

The Special Needs Trust and Supplemental Needs Trust have been designed with an understanding that your beneficiaries may have unique situations where a normal trust could compromise their ability to get the government support they need. With these trusts, we ensure that the assets provided to your beneficiaries through your trust will not prevent them from being eligible for critical benefit programs like Medicaid.

Spendthrift trusts are designed to ensure that our Horizon Bank expert Advisors will manage your trusts effectively should you believe that your beneficiaries would not be able to fulfill your wishes. Through this trust, you will be able to supplement the financial needs of your loved ones without relinquishing full control over all funds. This way, you can ensure that those you care about will get the support they need while ensuring the stability of your trust for the future.

Your Horizon Bank Trust Advisor will work with you to determine restrictions regarding the distribution of trust funds. You will also be able to set up a requirement that certain beneficiaries must provide proof of external income before they are eligible to receive the distributions you have stipulated.