Trust & Estate Services

Managing your finances today involves more than simply opening a savings account. Nearly every major event in life requires significant savings and often a specific plan to reach the goals you have set for yourself and your family. First Hope Bank is here to help with our Trust & Investment Division.

• Portfolio Management: The investment portfolio is managed by the Investment Professionals at First Hope Bank on either a "discretionary" or "prior consultation basis".
• Custody and Cash Management: We provide safekeeping of all securities and automatically "sweep" all cash, dividends, and interest into a money market account on a daily basis.

Estate Services

Your choice of First Hope Bank as your executor ensures the following:

• The necessary continuity to handle the estate for an extended period of time.
• Constant availability to your family.
• Proven investment ability.
• Financial responsibility and strength.
• Impartiality and integrity.
• Tax law expertise.

Personal Trusts

• Living Trusts: Provides professional management of your assets during life and for your loved ones after your death.
• Testamentary Trusts: The ideal vehicle for securely passing wealth from one generation to the next. When used properly as part of an estate plan, it can yield significant tax savings.
• Charitable Trusts: Provide income to you during life with the remainder passing to the charities of your choice after death.
• Family Life Insurance Trusts: Part of a comprehensive estate plan. Protects your loved ones from the need to liquidate assets to pay estate and inheritance taxes.

Retirement Accounts

• Mutual Fund IRAs: Investing your retirement account strictly in mutual funds.
• Managed Investment IRAs: Instead of managing your retirement portfolio yourself, have Investment Professionals assist you.
• Self-Directed IRAs: A way to manage your own investments for retirement with the Bank's Trust Department acting only as a custodian.

You can look to and depend upon First Hope Bank to provide a full range of Trust and Estate services to meet your requirements and carry out the wishes expressed in your will. We can be named as sole executor or as co-executor with a spouse, relative, attorney, or friend. And, whether you need help with living trusts, testamentary trusts, charitable trusts, or family life insurance trusts, we are here to help.

For a free consultation, without obligation, please call or email our Investment and Trust Department. They can be reached by emailing trust@firsthope.com, calling any of our branches, or visiting our Sparta, Andover, or Blairstown offices to talk with one of our representatives. We'll also gladly meet with you at any of our other branches, in your home, or at your office.

Investment products are not insured by the FDIC, are not deposits or other obligations of the institution, are not guaranteed by the institution, and are subject to investment risks, including possible loss of the principal involved.