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Trust Services

Trust Services: Answers to Your Most Frequently Asked Questions

What are the benefits of a trust? A trust is a legal entity that can hold title to “own” assets for the benefit of another. Benefits can include the ability to control the assets during a time of illness or disability or long after you pass, protect your assets from creditors, and reduce estate taxes. It simply depends on the type […]

An Introduction to the Role of a Trust Company

John Stadsvold Senior Trust Officer HFG Trust

As you consider the need and use of a trust, it is important to understand the roles and responsibilities of those charged with carrying out your most caring and personal wishes at some point in the future, including how a trust company can help. As you read further, you will find out what a trust […]

The Basics of Wealth Management: A Comprehensive Guide

K. Paul Hansen Financial Advisor HFG Trust

Managing your wealth is a responsibility that comes with its own set of challenges and complexities. Whether you’ve spent years growing assets or recently come into a substantial amount of money, navigating the road ahead can be daunting. This is where the role of wealth management becomes crucial. Wealth management is more than just picking […]

Estate Planning Basics: Everything You Need to Begin

The author, Mike Tallman, Financial Advisor at HFG Trust.

Everyone should have an estate plan, especially when approaching retirement. Estate plans clarify your wishes, preventing anyone from guessing where you’d want your assets to go if something were to happen to you. They also help with tax planning. If you’d like to start estate planning, there are a few things you should be aware […]

Trust Services: Planning a Successful Estate Sale

The author, Mike Tallman, Financial Advisor at HFG Trust.

Senior Trust Officer Mike Tallman, CFP®, CTFA and Trust Administrator Jenny Hubbard visited the site of a recent estate sale to explain how our team inventories, distributes, and disposes of belongings left behind once someone passes.