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Shelter assets or estate from tax liability by setting up an Irrevocable Trust. An Irrevocable Trust removes all incidents of ownership, effectively removing the assets from the grantor's taxable estate relieving the grantor of the tax liability on the income generated by the assets (Consult your Tax Advisor).
Elkhorn Valley Bank's Trust Department is located in Norfolk's South Branch at 1010 Omaha Avenue. Stop in or call (402) 371-8928, and ask for Tom or Gina for a free consultation to learn more about Irrevocable Trusts.
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