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Trust Products & Services
We want to help you achieve and maintain wealth to provide financial security for yourself, your family, or your favorite charity. The mission of the Hills Bank Trust Department is to make your life easier by helping you make informed financial decisions. We also offer you the convenience of speaking face-to-face with a knowledgeable Trust Officer.
Above all, as a Trust Department, we go a step further by carrying out your financial affairs on your behalf — during your lifetime and beyond.
Our success is a reflection of our quality service.We have grown by establishing trust and maintaining credibility with our clients. Our Trust Officers focus on your individual needs and objectives with community bank responsiveness. Hills Bank Trust Officers are not commission-based and take a team-oriented approach to providing you with the highest level of service.
Growth and preservation of your assets entrusted to us is our highest priority. Our success in managing wealth has allowed us to grow and add resources to better meet existing and future client needs. Trust Operations are housed in Hills, Iowa and our client service staff is located at our Grand Rail location and at our Cedar Rapids Southwest location.
| Charitable Lead and Remainder Trusts |  |
| Donor Advised Charitable Fund | |
| Investment Management | |
| Individual Retirement Accounts (IRAs) and Rollovers | |
| Retirement Plans | |
| Trust and Estate Administration | |
Charitable Lead and Remainder Trusts
There are many ways to make gifts to charities—cash gifts, gifts of land or securities, and testamentary bequests are the most common. In some instances, however, the donor wishes to make a major charitable gift, but wishes either to retain the benefits of the donated property for themselves or family members for some period of time.
In other cases, donors want to pass current benefits to a charity but have the property come back to them or their family after a specified period. These “split interest” charitable gifts are subject to complex IRS rules, but, if handled correctly, allow the donor to take advantage of important income and estate tax benefits while at the same time accomplishing the donor’s charitable goals.
The Hills Bank Trust Department has the expertise and experience required to administer charitable lead and remainder trusts. We will work with you and your tax and legal advisors to create and administer a split interest charitable trust to maximize the tax benefits to you as you benefit your favorite charities.
Contact a Hills Bank Trust Officer today to make sure your gifts and wishes are carried out at the appointed time.
- Grand Rail location at 319-338-1522
- Cedar Rapids Southwest location at 319-654-8020
- Toll-free nationwide at 1-800-899-8858
Please note that neither Hills Bank nor the Trust Department provides tax or legal advice. You should always consult an attorney along with a tax professional to determine how to prepare the best estate plan for your situation.
| Investment products are not a deposit, not FDIC insured, not insured by any federal government agency, carry no bank guarantee, and may go down in value. |
Member FDIC •
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