Individual and Corporate Trust Services

The Trust Division of Security National Bank of Omaha was formed after the acquisition of a local trust company in mid 2004. It is the Bank’s ongoing desire to provide individuals, businesses and philanthropic clients with peace of mind through comprehensive wealth-management services and a team of expert professionals. Our goal is to help ensure clients’ wishes are fulfilled and their lifelong goals realized while adhering to the highest ethical and legal standards that make quality the centerpiece of our work. Our expertise, flexibility and integrity combined with a distinctly personal touch, provides clients with the assurance they deserve and has allowed us the opportunity to establish many long-standing relationships.

Individual Services

• Revocable Living Trusts, which are created during life, provide investment management and additional administrative services. Benefits may include avoiding the costs and time associated with probate or a conservatorship proceeding. Recordkeeping and convenient tax reporting also are provided.

• Testamentary Trusts, which are created after death, may provide certain estate tax advantages for larger estates. These trusts also provide investment and administrative benefits for surviving family members.

• Custody Services, which handle the burden of collecting and remitting dividend income along with convenient year-end tax reporting.

• Personal Representative Services, by which Security National Bank Trust acts as a Personal Representative under the terms of a Will, thus relieving family members from this detailed, time-consuming, and very emotional task.

• Conservatorship Services, which provide investment management and administrative services for clients who are unable to provide for themselves due to illness or incapacity.

• Investment Services, which allow clients to escape the day-to-day responsibilities of complicated money management decisions and the freedom to pursue leisure activities.

• IRAs, which provide for tax deferred savings, distribution and investment services for traditional or retirement plan rollover accounts.

• Charitable Trusts, which allow clients to achieve their tax, charitable and investment goals at the same time.
• Irrevocable Life Insurance Trusts, which are one of the basic and most useful tools of estate planning, offer flexibility and the potential for substantial estate tax savings. In addition, an insurance trust allows some clients to take advantage of annual gift tax exclusions that might otherwise remain unused.

Our professional staff is well trained in the many tax and estate planning techniques that allow you to attain your planning objectives. Consultations are complimentary. Please contact us to learn more about how Security National Bank Trust services can help achieve your goals.

Corporate Services

• Qualified Retirement Plans, including 401(k), profit sharing and money-purchase pension plans. Security National Bank Trust acts as trustee with or without investment discretion. In either case, we can help employers stay abreast of regularly changing and complex ERISA regulations. Plan design as well as employee education and enrollment services are also provided.

• SEP & SIMPLE Plans, which enable small employers to provide an ERISA-qualified plan at an affordable cost.

• Investment Services, which allow foundations, endowments, and other tax-exempt entities to more professionally invest donor gifts and cash balances.

Our professionals can help an employer design a retirement plan unique to its needs and its employee retirement goals. Based on the number of employees, their retirement time horizons, employer cash flow and overall objective in offering a retirement plan, we can recommend the best options in light of current regulations. Once a plan is adopted, our investment professionals can help employees set investment goals and then educate employees on the appropriate investments to help achieve those goals. Employers can select from a comprehensive range of securities and mutual funds screened for quality and suitable for long-term investing. Please contact us to learn more about how Security National Bank Trust services can help achieve your goals.