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Estate tax reduction, income tax reduction, charitable lead trusts, charitable remainder trusts, annual exclusion gifts, lifetime exemption gifts, gifts with a retained life use, gifts of family limited partnership interests, gifts to family members or to friends.
Many people do not realize that there may be tax consequences when gifting. In the long run this can create problems including interest and tax penalties with the taxing authorities. Before you make a significant gift (over $14,000 in 2013) you need to consult with the professionals in our Trust Department.
Non-deposit investment products available through MEMBERS Trust Company are not deposits of or guaranteed by the trust company, a credit union or credit union affiliate, are not insured or guaranteed by the NCUA, FDIC or any other governmental agency, and are subject to investment risks, including possible loss of the principal amount invested. MEMBERS Trust Company, owned and managed by America's credit union's, is a special purpose federal thrift chartered and regulated by the Office of the Comptroller of the Currency.