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A revocable trust, sometimes called living or intervivos trust, is an agreement made by the trustor, also called the grantor, and the trustee. The trustor gives the trustor's property to the trustee. The trustee manages the property in accordance with the instructions of the trustor as they appear in the trust agreement. Iowa Trust & Savings Bank is pleased to announce the acquisition of Citizens Bank located in Sac City, Iowa. Read More; Iowa Trust believes in real people doing real banking. We are built on a foundation of strong relationships between the people we serve, the communities we live in and the employees who represent our financial …Atlanta. Augusta. Savannah. Hawaii. Honolulu. Idaho. Boise. Illinois. Chicago. Indiana. Evansville. Fort Wayne. Indianapolis. Iowa. Davenport. Des Moines. Kansas. Topeka. …Dec 22, 2022 · Draw up the trust, either by yourself using an online program or with the help of a lawyer. Sign the trust in front of a notary. Fund the trust. 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Estate taxes cannot be avoided with most living trusts unless you create an AB, marital, or QTIP trust which passes assets directly from a spouse to a surviving spouse. Inheritance taxes in Iowa apply to estates over $25,000 but there is no tax when assets are passed to a spouse, child, grandchild, or ... Debit Cards. Order Checks. Credit Cards. Lost/Stolen Card. Auto Loans. Ag Real Estate. About Us. Iowa Trust and Savings Bank located in Centerville and Moravia Iowa. Local community bank …2 days ago · CL. iowa choose the site nearest you: ames; cedar rapids; des moines; dubuque; fort dodgeFeb 19, 2021 · In Iowa, the main advantage of making a living trust is to avoid the potential family conflicts and delays of probate court proceedings following your death. Because Iowa doesn’t follow the Uniform Probate Code, a living trust can be a much easier solution than going through Iowa’s complex probate process. Iowa does have a simplified ... 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