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If you've heard about trusts but aren't quite sure what they are or how they work, you're not alone. Simply put, a trust is a legal arrangement where one party, the grantor (or trustor), assigns another party, the trustee, to manage assets or property for the benefit of a third party, the beneficiary.

Creating an Estate Plan can seem like a daunting task—it is uncomfortable to make plans for your own death, and it can seem overwhelming to address every aspect and plan for every contingency. However, once a plan is in place, it should be a relief to know your goals are protected. And with the guidance of an Estate Planning Professional and Attorney, the process is less intimidating.

December 10, 2020 – Erick Kephart, with Wealth Management and Trust Services at Decorah Bank & Trust, shares some quick thoughts regarding financial markets and your investments as 2020 comes to a close and we look into 2021.