Planning for the future is one of the most important things you can do for the people you love. At Community National Bank & Trust, our trust services and estate planning team is here to help you protect what you've built, provide for your family, and establish a legacy that reflects your values with the guidance of compassionate professionals.
Whether you're just starting to think about estate planning or ready to establish a formal trust, we offer personalized support tailored to your individual situation. You don't have to have everything figured out before reaching out, either. Our team is here to listen, answer your questions, and help you build a plan that fits your life and protects the people who matter most to you.
{beginNavtabs}
Revocable Trust
An arrangement in which a trustee (i.e. Community National Bank & Trust’s Trust Department) manages property for the benefit of an individual or organization (the trustor). Trusts can be set up for businesses, organizations, or individuals. A revocable trust is a trust whose terms and provisions can be changed at any time by the grantor of the trust.
Irrevocable Trust
Unlike a revocable trust, an irrevocable trust can’t be changed or terminated by the grantor. The funds or assets in an irrevocable trust are titled in the name of the trust.
Testamentary Trust
Testamentary trusts are vital in estate planning and the distribution of a deceased person’s assets. Testamentary trusts arise after the death of the grantor as specified in their will, ensuring assets will be administered in accordance with their wishes.
Charitable Trust
Specifically used for the benefit of charitable organizations, a charitable trust is a type of irrevocable trust.
Irrevocable Life Insurance Trust
An irrevocable life insurance trust purchases a life insurance policy on the grantor. This form of trust keeps the proceeds out of the insured's estate and provides provisions to manage and distribute funds upon the death of the insured, ensuring maximum benefit for his/her heirs.
Agency and Custody Agreements
Whether your trust or estate plan is personal or corporate, it can be difficult to navigate the necessary record keeping and stay on top of asset custody. Community National Bank & Trust can act as your agent, either managing assets and paying bills on your behalf or on the behalf of another personal representative. This includes:
- Conservatorship
- Individual
- Special Needs
- Personal Representative
- Custody
- Endowments & Foundations
Medallion Signature Guarantee Service
A Medallion Signature Guarantee verifies the identity, authenticity of a signature, and legal authority of an individual transferring securities. Community National Bank & Trust is pleased to provide this service to the communities we serve.
{endNavtabs}
Trust Services
Establishing a trust is one of the most effective ways to manage and protect your assets. Our trust services team works closely with you to structure the right solution, helping ensure your assets are managed according to your wishes and transferred to your beneficiaries efficiently.
From revocable living trusts to more complex arrangements, we provide knowledgeable guidance and ongoing administration to help you navigate this process with clarity. Plus, as a local bank, we provide direct, personal attention that larger institutions simply can’t offer.
Estate Planning Support
A thoughtful estate plan gives you peace of mind and grants your loved ones clarity during a difficult time. Our team works alongside you and your legal advisors to align things like account titling, beneficiary designations, and the integration of trust arrangements with your broader financial picture. We're here to help you ask the right questions and make informed decisions so your wishes are honored and your family is cared for.
Investment and Retirement Coordination
Trust and estate planning doesn't happen in a vacuum. Our team can help coordinate your strategy with your Individual Retirement Accounts (IRAs), brokerage holdings, and other financial goals to ensure everything is working together toward the future you have in mind.
Why Plan With Community National Bank & Trust?
As a community bank, we take a long-term approach to our customer relationships. Our trust and estate planning professionals get to know your family and stay engaged through the entire process. You'll work with local experts who are accessible, experienced, and genuinely invested in your financial well-being for years to come. We also offer a full range of products under one roof, including certificates of deposit, so everything you need is in one place.
Trust Office Locations
- Carthage
- Independence
- Iola
- Pittsburg
- Winfield
- Wichita
- Chanute
Start Planning Your Legacy Today
Your legacy is worth planning for, and the right time to start is now. At Community National Bank & Trust, our trust and estate planning team is here to guide you through every step of the process with the care and expertise your family deserves.
Getting started is easy. Contact our team to speak with one of our local experts or find your nearest CNB&T branch and visit us in person today! Our FAQ page contains more helpful information on our local banking services.
*Investment products offered through Community National Bank & Trust are not FDIC insured, not bank guaranteed, may lose value, are not deposits, not insured by any federal government agency, not a condition to any banking service or activity. Are Not a Condition to Any Banking Service or Activity.