Investment Resources

Gives donor full control of assets, flexibility, and access to professional management throughout lifetime.

• Easy to revise or terminate.
• Pre-nuptial protection for children in case of second marriage.
• Protection in case of incapacitation.
• Avoids probate.

Permanently transfers assets and their subsequent appreciation to heirs.

• Estate and income tax benefits.
• Avoids probate.
• Protection for heirs.

This type of trust is established to help protect the governmental benefits of a person with a disability. Assets in a Special Needs Trust supplement the benefits of needs-based programs and do not constitute a resource in determining eligibility.

• Wescom Trust Company can serve in the role of trustee for a Special Needs Trust.

By making a gift of highly-appreciated assets to charity, a member can receive income from assets for life as a current income tax deduction. Can serve as a supplemental retirement plan.

• Income from assets that might not otherwise generate income.
• Income tax deduction.
• Defers capital gains tax.
• Minimizes estate and gift taxes.
• Wealth surrendered may be replaced by Irrevocable Life Insurance Trust.

Created under a living trust or by will; removes taxes from a surviving spouse’s estate. Provides for both surviving spouse and heirs through use of unified estate and gift tax credit.

• 3.5 million — 2009
• Unlimited – 2010
• 1 million – 2011 under current legislation

Unique trust keeps proceeds from a life insurance policy out of donor’s estate and provides beneficiaries with liquidity to pay estate taxes.

• Estate tax advantages.
• Possible generation — skipping tax advantages.

A “marital deduction trust” often used by remarried individuals; allows donor to provide income after death to second spouse while preserving assets for children of first spouse.

• Control of assets after death.
• Provides for spouse and children from a different marriage.

Created under a living trust or by will, established to receive an amount on behalf of the surviving spouse that qualifies for the marital deduction.

• Provides for needs of surviving spouse.
• Can allow surviving spouse to have partial or total control of assets.
• Assets transferred are free of estate taxes.

Non-qualified compensation. Can be protected against change of management by the employer.

• Employee's income can be deferred and invested for gain.

Controls gifts to child under annual gift tax exclusion, providing asset management until child reaches age of majority.

• Trust is irrevocable.
• With consent of donor, trust can continue after child reaches age of majority.
• Trust assets used for benefit/care of beneficiary.
• You have control of the distribution schedule.

Required for all qualified employee pension and profit sharing plans except 403(b) and new governmental 457 plans.

• Employee’s income can be deferred and invested for gain.
• Assets available for IRA rollover at retirement.

A trust set up under your will to be funded at your death for one or more of your beneficiaries. Often used to protect minor beneficiaries or those unable to manage an inheritance.

• Resulting trusts can be managed for minor children.
• You have control of the distribution schedule.

Wescom Trust Services will partner with you to help you reach your investment goals. As you pass through the various stages of your life, your financial needs and objectives will change.

• Our experience includes managing investments for all objectives like aggressive growth and income.
• Our core principle is that allocation across investment classes should be adjusted as you pass through these cycles of life. We believe that since investments involve risk, they should be prudently managed by diversification, asset allocation, continual monitoring, and a customized investment policy for each investment portfolio.