Alert: Home Warranty Scam Letters. Bank of Clarke County customers have been reporting that they have received letters in the mail urgently requesting homeowners to purchase a home warranty, claiming that the current home warranty
“may be expiring or may have already expired.” We can confirm that these did not come from the Bank and are in fact a scam. We advise discarding the notices when you receive them. To learn more, click here.
No two estates are alike. Family and personal considerations require an individualized approach to estate planning and a variety of factors must be carefully weighed. Planning is essential to provide for the intended disposition of your assets at death, to prepare for your family’s financial security, to secure necessary asset management for your beneficiaries and to save on estate settlement costs and taxes. Our trust personnel will be happy to assist you in implementing an estate plan suitable to your situation. We encourage you to include your attorney and accountant in this planning process.
Bank of Clarke County is an excellent choice to serve as Trustee if you are considering a Living Trust or Testamentary Trust. We can also serve as back-up or Co-Trustee for others named as Trustee.
A Living Trust is a document that allows your wishes to be carried out in the event of your incapacity or death. It can also provide for:
A Testamentary Trust is part of your Last Will and Testament and does not become effective until your death. This is a reliable way to provide your beneficiaries with financial protection, including situations that cannot yet be foreseen.
A Charitable Trust may provide you with current tax deductions, increased income and reduced estate taxes while also helping your favorite charities.
An Executor collects a decedent’s assets, pays his/her debts and distributes the remainder to his/her heirs. This seemingly simple exercise in addition, subtraction and division is, however, amazingly complex. In an estate of even modest proportions, the executor must:
Qualifications to be considered in naming your Executor include experience, impartiality, financial responsibility, availability, and permanence—qualifications that Bank of Clarke County meets and exceeds. As your Executor, in addition to carrying out your instructions and settling your estate efficiently, you can rely on us to work closely and sympathetically with your beneficiaries.
INFINEX INVESTMENTS, Eagle Investment Group, and Wilbanks, Smith & Thomas are independent entities.
Executive Vice President, Chief Fiduciary and Bank Counsel
Investment Consultant Infinex Investments Inc.
Phone number. Hit enter to dial the phone number (540) 665-2412
Investment Consultant Infinex Investments Inc.
Phone number. Hit enter to dial the phone number (540) 665-2413