An Insurance Trust will ensure tax advantages and asset protection for your beneficiaries by transforming your life insurance benefits into a trust created upon death. Once this trust has been established, you will ensure that your life insurance benefits are transferred into the trust for distribution to beneficiaries you have selected. You will not be able to revoke this trust or change the beneficiary of the insurance policy once the trust has been established, so our Horizon Bank trust advisors will work with you to determine the best trust solution to get the most out of your life insurance benefits.
Leverage insurance premium payments to receive income tax benefits and create a larger estate for your heirs
Eliminate the need for your loved ones to pay estate taxes by covering difficult payments with funds directly from your trust
Create liquidity on your estate and prevent you and your loved ones from having to reach into wealth in critical business or personal non-liquid assets
Stop by your local Horizon Bank or call us toll-free on 888-873-2640 to apply today.
Investment vehicles made available through Horizon Trust & Investment Management are: Not deposits or other obligations of, or guaranteed by Horizon Bank; Not insured by the FDIC; Subject to investment risks, including possible loss of principal.