Your legacy is more than the assets you've accumulated; it's about formalizing your wishes and providing a roadmap within your financial plan. From basic steps like having a will in place to supporting estate settlement upon your passing, we work as part of your financial team to manage and pass on your wealth to future generations.
Our team of trust officers and financial professionals has years of experience to help you and your beneficiaries navigate the nuances of your estate, no matter how simple or complex your situation.
Personal trust and estate settlement services aren’t just for the very wealthy or those with complicated situations. Everyday, we help people just like you navigate challenges, so you can focus on what’s most important and avoid unnecessary stress.
Lorraine was single her whole life and had no family. After discussing her estate plan with her Thrivent financial advisor and working with her attorney, Lorraine named Thrivent Trust Company as her executor. Lorraine's estate included investment assets, her home and her automobile.*
William and Sally accumulated significant wealth and established a revocable living trust. After William's passing, the trust distributed his assets to a family trust. Sally and her sons found the management tasks overwhelming, leading to family tension. Thrivent Trust Company took over, handling all distributions, tax requirements, and investment management.*
Maddie and Daniel's daughter Amelia has a special needs trust with Thrivent Trust Company as trustee. Thrivent Trust Company administers the trust, managing distributions and taking into consideration the government benefits Amelia receives.*
Lorraine was single her whole life and had no family. After discussing her estate plan with her Thrivent financial advisor and working with her attorney, Lorraine named Thrivent Trust Company as her executor. Lorraine's estate included investment assets, her home and her automobile.*
We offer a variety of services to support your needs.
Trust and investment management accounts and services offered by Thrivent Trust Company are not insured by the FDIC or any other federal government agency, are not deposits or other obligations of, nor guaranteed by Thrivent Trust Company or its affiliates, and are subject to investment risk, including possible loss of the principal amount invested.
Use these questions as you start the conversation about creating a legacy that’s right for you.
Still have questions? Give us a call 800-847-4836 or contact us.
We can provide this service in all 50 states. By naming Thrivent Trust Company in your estate planning documents, you place the responsibility of managing your estate with professionals who are experienced in these important duties. When you die, we will work with your attorney to facilitate the smooth and accurate disposition of your property and the execution of your final wishes, according to the terms of your will.
To name Thrivent Trust Company as executor of your estate, have your attorney name Thrivent Trust Company as executor or personal representative in your will and forward a copy of the will to us. Fees will only be incurred if we serve as your executor.
Contact us for a copy of our preferred trust and will language memorandum. Thrivent Trust Company can review your estate plan relative to that memorandum at no charge.
We ask that you forward copies of any documents that name Thrivent Trust Company as a trustee or executor to us. There is no charge or service fee for safekeeping of an estate planning document in which we are nominated to serve. Fees are only incurred if we serve in a fiduciary capacity.
For the most part, yes. Believe it or not, nearly everyone has an estate. Your estate is comprised of everything you own – your car, home, other real estate, checking and savings accounts, investments, life insurance, furniture and personal possessions.
Estate planning doesn't have to be expensive. If you can't afford a complex estate plan, start with what you can afford. For a young family or single adult, that may mean a will, term life insurance, and powers of attorney for your assets and health care decisions. Then, let your planning develop and expand as your needs change and your financial situation evolves. An experienced attorney will be able to provide critical guidance and confidence that your documents are properly prepared.
Revocable trusts can be amended or revoked during the grantor's lifetime. Once the grantor dies, the trust typically becomes irrevocable.
Irrevocable trusts cannot be changed after they're made. They're often used to fund legacies for children or grandchildren, or make gifts of property or life insurance.
Testamentary trusts are usually included in a person's will. They take effect after the grantor has died. They are also considered revocable because your will can be changed anytime during your lifetime.
Living trusts take effect during the grantor's lifetime.
Every trust must have four primary elements.
