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Trust & Estate Services

Lake Elmo Bank Trust & Estate Services

Our professional Trust Team will work closely with you to administer any trust arrangement necessary to preserve and manage your assets, protect your privacy and secure tax savings at critical times.
We believe that our customers deserve, and should expect, nothing less than truly personal service, from dedicated and experienced professionals, in this sensitive area of fiduciary services.  As a community based, locally-owned, independent bank, we are committed to providing such service to individuals and families through management of  their trusts and estates.  We are also well suited to handle trust services for family-owned business planning and the management of non-financial assets.  

Examples of our trust services include making arrangements to assist your children, spouse or other family members in managing funds properly in the event of your disability or death; fulfilling your wishes with respect to providing education for your children or grandchildren; transferring interests in a closely held business and other assets; or managing resources for aging family members who need a professional financial caregiver they can trust. The following types of trusts can be used to accomplish some of these goals.

  • Revocable Living Trusts 
  • Testamentary Trusts
  • Irrevocable Trusts
  • Irrevocable Life Insurance Trusts
  • Trust or Estate Settlement
  • Foundations
  • Conservatorships 
  • Supplemental or Special Needs Trusts
  • Agency Accounts
  • Financial Lifestyle Management (bill pay, home, and financial management)
Did you know that Lake Elmo Bank can serve as your professional trustee?
Learn more from Katie Bang, CTFA, about the variety of services provided in our Trust Department.
Our staff’s expertise sets us apart! Learn more about the ways in which our experienced Trust staff allows us to provide excellent service.

Products and services offered through the Trust Department of Lake Elmo Bank are not FDIC insured; not insured by any government agency, not a deposit or other obligation of Lake Elmo Bank, not guaranteed by Lake Elmo Bank, and are subject to investment risk, including the possible loss of the principal invested.