Personal Trusts
Protect your legacy with Evolve Bank & Trust’s comprehensive personal trust solutions and tailored trust services for every stage of life.
Effective wealth management extends beyond investing — it requires careful estate planning and trust administration to safeguard your assets and ensure financial security for future generations.
*Non-deposit products are not insured by the FDIC; are not deposits; and may lose value.
Explore personalized trust solutions for your financial future.
Secure your legacy with confidence—At Evolve Bank & Trust, personal trust services are designed to provide structured, secure, and flexible estate solutions that align with your financial and legacy goals, including:
- Revocable Trusts
- Irrevocable Trusts
- Generation Skipping Trusts
- Special Needs Trusts
- Co-Trustee Services
- Custodial Accounts
Service Types
Personal Trusts
Establishing a personal trust fund is a crucial step in ensuring the smooth transfer of wealth, asset protection, and long-term financial stability for beneficiaries. Our trust estate specialists guide individuals and families through various types of personal trusts, ensuring each solution is aligned with unique financial goals and estate planning needs.
Solutions include:
- Navigating Personal Trust Needs
- Minimizing estate taxes and protecting assets from probate.
- Ensuring financial security for beneficiaries through structured distributions.
- Providing oversight and management of assets according to your wishes.
- Supporting charitable giving and legacy planning.
Types of Specialty Trusts:
Special Needs Trusts
Protect the financial future of your loved ones. Families with dependents who have disabilities require specialized financial planning to secure their long-term well-being. Special needs trusts ensure individuals with disabilities receive financial support without jeopardizing their eligibility for government benefits such as Supplemental Security Income (SSI) and Medicaid.
Self-Settled Special Needs Trusts
Designed for individuals who have received a settlement, inheritance, or other financial windfall, a self-settled special needs trust protects assets while ensuring continued eligibility for public assistance programs.
Third-Party Special Needs Trusts
Established by family members or guardians, these trusts allow loved ones to contribute assets for the care of a beneficiary with special needs without impacting government benefit eligibility.
With a team of special needs trust professionals, Evolve Bank & Trust ensures that these trusts are properly structured, managed, and compliant with evolving regulations.
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Administration Services
A well-structured trust is only as effective as its administration. Evolve Bank & Trust offers expert oversight and trust management, plus comprehensive trust administration services, ensuring personal trust accounts are managed with the highest level of diligence, compliance, and professionalism.
Features include:
- Trust document interpretation and execution in accordance with legal requirements.
- Asset management and distribution based on trust terms.
- Ongoing reporting and compliance with trust and estate regulations.
- Professional fiduciary services for impartial trust management.
Investment Management Services
Investing within a personal trust account requires strategic oversight and risk management to preserve wealth while achieving long-term financial goals. At Evolve, our investment management services offer maximized wealth growth with professional asset management.
Features include:
- Tailored investment portfolios based on trust objectives and risk tolerance.
- Diversified asset allocation strategies to maximize stability and growth.
- Ongoing performance monitoring and adjustments based on market trends.
- Fiduciary oversight to ensure compliance with trust agreements.
- Long-Term Retirement Planning with Tax-Advantaged Growth
- Individual Retirement Accounts (IRAs)
- Traditional IRAs
- Roth IRAs
- Individual Retirement Accounts (IRAs)
Branch Locations
Banking Center
Triad Centre III
6070 Poplar Avenue, Suite 100
Memphis, TN 38119
Lobby Hours
9am-4pm CT, Mon-Thur
9am-6pm CT, Fri
Drive-Thru Hours
8:30am-5pm CT, Mon-Thur
8:30am-6pm CT, Fri
Closed Sat-Sun & Federal Holidays
Banking Center
123 West Parkin Street
Parkin, AR 72373
Mailing Address
PO Box 526
Parkin, AR 72373
Lobby Hours
8:30am-12pm CT, Mon-Fri
Drive-Thru Hours
8:30am-4pm CT, Mon-Thur
8:30am-5pm CT, Fri
Closed Sat-Sun & Federal Holidays
Banking Center
111 East Huntington Avenue
Suite A
Jonesboro, AR 72401
Lobby Hours
8:30am-5pm CT, Mon-Fri
Closed Sat-Sun & Federal Holidays
Virtual Teller & ATM
1810 Main Street
Jonesboro, AR 72401
Virtual Teller Hours
8:30am-5pm CT, Mon-Fri
Closed Sat-Sun & Federal Holidays
Financial Center
1566 Hwy 62/412
Highland, AR 72542
Mailing Address
PO Box 480
Hardy, Arkansas 72542
Lobby Hours
8am-5pm CT, Mon-Fri
Closed Sat-Sun & Federal Holidays
Banking Center
301 Shoppingway Boulevard
West Memphis, AR 72301
Lobby Hours
8:30am-5pm CT, Mon-Fri
Drive-Thru Hours
8:30am-5pm CT, Mon-Thur
8:30am-6pm CT, Fri
Closed Sat-Sun & Federal Holidays
Banking Center
1690 North Falls Boulevard
Wynne, AR 72396
Mailing Address
PO Box 1003
Wynne, AR 72396
Drive-Thru Hours
8am-5pm CT, Mon-Fri
Closed Sat-Sun & Federal Holidays
Financial Center
2860 I-55 Service Road, Suite A
Marion, AR 72364
Lobby Hours
8am-5pm CT, Mon-Fri
Closed Sat-Sun & Federal Holidays
Financial Center
101 East Chestnut Street Suite A
Rogers, AR 72756
Lobby Hours
8:00am-5pm CT, Mon-Fri
(No Drive-Thru)
Closed Sat-Sun & Federal Holidays
Digital Banking Anytime, Anywhere
- Secure Funds Effortlessly
- Transfer and Deposit Funds
- Receive Notifications and Alerts
Frequently Asked Questions
What is a personal trust, and how does it work?
A personal trust is a legal arrangement where assets are held and managed by a trustee on behalf of beneficiaries. It ensures financial security, structured asset distribution, and estate planning benefits, including tax efficiency and probate avoidance.
What is the difference between a revocable trust and an irrevocable trust?
A revocable trust allows the grantor to make changes or revoke the trust during their lifetime, offering flexibility and control. An irrevocable trust cannot be modified once established, providing stronger asset protection and potential tax advantages.
Who should consider a special needs trust?
A special needs trust is ideal for families seeking to provide financial support for a loved one with disabilities without affecting their eligibility for public benefits. It ensures assets are used for their well-being while maintaining access to essential programs.
How does Evolve Bank & Trust manage trust investments?
Our expert investment management team develops customized strategies based on trust objectives, risk tolerance, and financial goals. We actively monitor portfolios, diversify assets, and ensure fiduciary compliance to optimize long-term performance.