If you are planning ahead for the next generation of your family legacy or already have trusts in place, we can provide solutions, fiduciary expertise, and support. For those interested in the service, our parent institution, Mascoma Bank, is able to serve as a professional, institutional trustee or co-trustee. Having an institutional trustee provides stability and multigenerational continuity. In many cases, this helps ease family stress and prevents potential tension among family members.

• When Mascoma Bank serves as a trustee or co-trustee, we objectively carry out the terms of the trust for the sole benefit of your beneficiaries.
• We collaborate with your attorney to ensure your personal financial plan and your estate plan are in alignment. To the extent beneficiary designations or account titling need to change, we assist with that.
• As family advisors, we are in a unique position to not only know your whole financial story, goals, and values, but we also know the people you want to benefit from your estate plan.
• With Mascoma Bank as trustee, you avoid potential conflicts of interest among the beneficiaries or individuals serving as trustees. Individual trustees are also expected to follow the trust laws of your state and have the burden of carrying out your wishes for as long as the trust remains in place.