Trusts & Investments

We think well beyond today's transactions. We think ahead to tomorrow's relationships.

In helping our clients build and maintain wealth, we employ a highly disciplined approach, designed to remove the subjective component from investment decisions. At NSBT, this approach always centers on you, our client. This is where we do our investing, in building a relationship with you. Only in this way can we develop and maintain a plan that meets your return objectives within the parameters of your tolerance for risk.

Why is an Estate Plan Necessary?

North Side Bank and Trust Company knows that you have devoted a considerable amount of time and thought to your personal finances over the years.  Your planning should include the eventual transfer of those assets.

By creating a good estate plan, you may not only save taxes, but you also ensure that your property is transferred to the people you specifically selected.  Trusts can be an important tool in accomplishing both objectives. They are often used as part of a plan to reduce taxes and/or assist loved ones with their financial matters. 

Our trust officers can help you prepare an estate plan by working with you and your attorney to develop strategies that meet your unique family benefit requirements.

 What is a Trust?

A Trust is a legal arrangement naming a responsible party (usually a bank trust department or a trusted person) to hold, safeguard and invest assets (stocks, bonds, cash, real estate, etc.) for someone else’s benefit. 

Trusts usually last for a predetermined period of time or for a beneficiary’s lifetime, if appropriate.  At the end of the trust’s existence the assets are distributed according to the written terms of the trust document allowing the person who established the trust to control the ultimate distribution of the assets.

North Side Bank trust officers take pride in administering and investing trusts to provide for the needs and best interests of the trust beneficiaries.