News

Life is full of milestones—buying a home, raising a family, growing a business, planning for retirement, or passing the family farm to the next generation. While each chapter looks different, they all have one thing in common: they’re worth protecting.

At Decorah and Cresco Bank & Trust, we’ve been helping individuals and families plan for the future for generations. We know that conversations about estate planning can feel intimidating, which is why we’re launching Tomorrow & Beyond—a new educational series designed to make those conversations a little easier.

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.