Bill Kerst

Farmers Bank & Trust of Magnolia says it will purchase the stock of Community First Trust Co. of Hot Springs, which will continue to operate as an independent trust company. read more >

Trusts aren’t the only devices people can use to pass down their fortunes, modest or massive. While a will leaves finances open to probate, which can be lengthy and costly and is a matter of public record, it is better than having no plan at all. read more >

Financial experts are quick to point out that you don’t have to be a millionaire to reap a trust’s benefits. The tax benefits are obviously geared to helping the wealthy, but there are other nontax benefits of trusts. read more >