Who Needs a Will?

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A: You do.

Some people think that wills are for folks with lots of money and property.  The truth is, if you want to make sure a loved one gets your assets when you die, you should make your wishes legally binding — and the sooner, the better. Otherwise, your estate could be tied up in probate court for years with no guarantee your wishes will be honored. Case in point: Prince’s estate is still unsettled.

A person who dies without a will is said to have died intestate.  That means that any property and assets you had (and are not jointly owned) will be distributed per the decision of a probate court. The court’s agents will decide who will get your assets, according to your state’s laws. However, if you write a will and name a capable executor to carry out your wishes, you can streamline the process for your heirs and insure your plans are followed.

Some financial arrangements, like joint bank accounts or property held or occupied in common by married couples automatically give a survivor control of assets.  In some states, it’s possible to have transfer on death provisions for accounts and properties. These provisions pass the assets to people you designate without going through probate. If you want to rely on these provisions, be sure to consult your state’s laws and an estate attorney.

Without these provisions or a will, everything is divided according to monetary value among the people your state laws designate as heirs. This means that real estate might be sold rather than passed along and your family members may end up fighting about who gets what.  If you and your partner are not married or if you are a same-sex married couple living in a state that still doesn’t recognize its legality, then deliberate legal provisions are absolutely necessary.  Wills, trusts, and transfers protect the legacy of these relationships. They can also uphold your choice to leave part of your estate to a friend or to an organization.

A will can also structure an inheritance using trusts. Incentive trusts distribute funds when a stipulation, such as college graduation, is met.  Staggered trusts distribute beneficiaries’ inheritance when they reach specific ages. You can even prevent someone from getting any part of your legacy by stating this in a will.

Possibilities for wills, transfers, and trusts vary by state, so it’s important that you seek advice from a lawyer.  Veterans or people with limited incomes may be eligible for free legal help.

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Imagine the possibilities. At Midwest Community, we are well-known for advancing our employees and promoting from within at all levels of the organization. Take the first step in starting your career and grow with us!

Float Member Service Representatives – may have days scheduled at any location (Defiance, Bryan, Napoleon). Computer literacy is required and cash handling or banking experience is preferred. Please see the job overview for a list of duties.

Starting pay is $17.44 an hour
$19.62 an hour after 180 days of service
$21.79 an hour after 1 year of service

Resumes may be submitted to Andrew Scharlacken at ascharlacken@midcomm.org.

All are welcome. Midwest Community Federal Credit Union is an Equal Opportunity Employer.

We are growing!

Imagine the possibilities. At Midwest Community, we are well-known for advancing our employees and promoting from within at all levels of the organization. Take the first step in starting your career and grow with us!

Float Member Service Representatives may have days scheduled at any location (Defiance, Bryan, Napoleon). Computer literacy is required and cash handling or banking experience is preferred.

Starting pay is $17.44 an hour
$19.62 an hour after 180 days of service
$21.79 an hour after 1 year of service

Please see the job overview for a list of duties. Resumes may be submitted to Andrew Scharlacken at ascharlacken@midcomm.org and are kept on file for one year.

All are welcome. Midwest Community Federal Credit Union is an Equal Opportunity Employer.

Investment Representative

The primary purpose of this position is to assist Midwest Community Federal Credit Union by delivering outstanding service to both internal and external members. A key element of excellent service is to identify the financial needs of each member and recommend an appropriate credit union solution. In addition, receives members in person and by telephone. Helps Member Investors reach financial goals utilizing our consultative sales process. In addition, responsible for ensuring that outstanding service is delivered to both internal and external members. A key component of this service is to provide proactive guidance on investment solutions via a needs-based consultative selling approach to both current and prospective Members who have placed an inbound call or referral to the Investment Representative.

For more details, please contact lfrysinger@midcomm.org.

Midwest Community Federal Credit Union is an Equal Opportunity Employer.

Member Service Representative

Midwest Community Federal Credit Union is looking for a Member Service Representative to process transactions, accurately perform end of day balancing procedures, follow company policies and utilize the core data processing system and various software applications, including electronic banking services. We are seeking candidates who are punctual, honest, friendly, and have outstanding communication skills. Please see the job description for a full list of duties. Resumes may be submitted to Sondra Manon at smanon@midcomm.org.

Midwest Community Federal Credit Union is an Equal Opportunity Employer.

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