FDIC-Insured - Backed by the full faith and credit of the U.S. Government
Trust Services
The Cornerstone Bank Trust and Investment division provides a variety of financial services to individuals, organizations, and businesses. Please review the information about Cornerstone Bank Trust Services and call with any questions.
Revocable Trust
A revocable living trust is a trust that you set up during your lifetime. This type of trust can be amended or even revoked during your lifetime. Advantages of revocable trusts include:
- Investment management for you and your beneficiaries during your lifetime.
- Avoidance of probate of trust assets and a reduction of costly estate settlement expenses because your assets are distributed through your trust.
- Enables a married couple to structure assets in a way that reduces estate taxes.
- Income paid to you monthly, quarterly, or if you prefer, it can be reinvested.
- Principal disbursements for you and your family during your lifetime, as desired.
- Distribution of your assets following your death or at the termination of your trust according to your instructions.
- Investment of your available cash provided through a daily cash sweep feature in your account.
- Management of your affairs for you, in the event of illness, accident or incapacity.
- A flexible agreement that you may amend or revoke at any time.
- You retain as much or as little control, contact and responsibility as you wish.
We are happy to work with the attorney of your choice in this process.
Irrevocable Trust
A non-changeable trust for your heirs.
An irrevocable trust cannot be terminated by you and is most often used for making gifts or establishing a permanent arrangement for the benefit of your family or favorite charities.
An irrevocable trust may provide tax advantages when integrated with your overall estate plan. Always consult your attorney or tax advisor about your specific circumstances. Other benefits may include:
- Investment management for your beneficiaries during your lifetime and following your death.
- Distribution of your assets upon your death or at the termination of your trust according to your instructions.
Avoidance of probate of trust assets and, thus, a reduction of costly estate settlement expenses because your assets are distributed through your trust.
Not FDIC Insured, No Bank Guarantee, May Lose Value
Richard T. McDougall, JD, CTFA
Vice President & Manager Trust Division
(402) 363-7407
Richard began his career with Cornerstone Bank in January 2002. He has worked exclusively in the trust and investment business since 1995. Richard is a graduate of the University of Nebraska - Kearney and a graduate of the University Of Nebraska College Of Law. He is a member of the Nebraska Bar Association and a member of the Real Estate and Probate Law Sections. Richard is a graduate of Cannon Financial Institute, and has achieved the Certified Trust & Financial Advisor (CTFA) designation from the Institute of Certified Bankers. He has served as an estate planning instructor for the National Business Institute and is an instructor for the Nebraska/Kansas Schools of Banking Advance Trust School. Richard served as a member of the Nebraska/Kansas Schools of Banking Advisory Trust Committee, He has served as legal counsel to the Nebraska State Treasurer and serves on various state and local boards and committees. Richard and his family are originally from DeWitt, Nebraska and have lived in York, Nebraska since 2002.
Amy Hunt, CFP®, CISP, CTMC
Vice President & Manager/Trust
(402) 363-7407
Amy Hunt has been with Cornerstone Bank since March 2025 and serves as Vice President & Manager of the Trust Division. With over 27 years of experience in banking and trust services, she brings extensive expertise in financial planning, estate management, and corporate trust solutions.
She earned her Bachelor’s Degree in Organizational Communications from Doane College in 2010 and has obtained multiple professional certifications, including Certified IRA Services Professional (CISP) in June 2014, Certified Financial Planner (CFP®) in April 2019, and Corporate Trust Master Certification (CTMC) in January 2022.
Dedicated to providing exceptional trust and financial services, Amy is committed to helping clients achieve their long-term financial goals. She and her husband have three children.
Todd Kramer, CTFA
Vice President, Trust & Retail Investments
(402) 395-2151
Todd has been with Cornerstone Bank since January 2004. He received his BS in Business Administration from the University of Nebraska-Lincoln and has completed his Series 63 and Series 7 requirements. Todd is also a graduate of Cannon Financial Institute, and has achieved the Certified Trust & Financial Advisor (CTFA) designation from the Institute of Certified Bankers. Todd is a native of Pierce, Nebraska and now resides in Albion, Nebraska with his family.
