A trust is a relationship whereby property/assets are held by one party for the benefit of another. A trust is typically created by a settlor, or trustor, who transfers some or all of his/her property to a trustee, who holds that trust’s property and/or assets for the benefit of the beneficiaries.
This relationship is governed by the terms of a trust agreement. The trust agreement directs the trustee on what to do with the trust assets, both during a grantor’s lifetime and upon their death.
Trusts can be used as a planning tool to preserve family relationships, attain personal financial goals, protect assets and ensure tax savings.
Typical types of trusts are:
- Revocable Living Trusts
- Irrevocable Living Trusts
- Testamentary Trusts
- Life Insurance Trusts
- Special Needs Trusts
- Self-Directed Retirement Account
- Conservator Accounts
Meet Your Trust Advisor
Phone: (308) 632-3989
Brian Judy was raised in Gering, Nebraska. Excelling in both football and basketball, Brian accepted a basketball scholarship from Mid-Plains Community College following his graduation from Gering High School in 1997.
Following a successful career at Mid-Plains, Brian continued playing basketball at the University of Nebraska-Kearney (UNK) where he received his Bachelor of Science degree in Business Administration – Finance in 2001. Upon graduating from UNK, Brian entered the Creighton University Law School where he graduated in 2005 with his Juris Doctor.
Brian worked in the corporate insurance industry from 2005 – 2012 in Omaha, Nebraska. In the fall of 2012, Brian became a member of the Valley Bank and Trust Co. family by becoming the bank’s trust officer.
Brian has two children together with his wife Alli.