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Agency Account

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Investment Agency
  • Management of financial assets like stocks and bonds
  • Inexpensive fee
Farm Agency
  • Cropland or pastureland with trust department as manager for owner, not as trustee
  • Fee based on small percentage income from grain or livestock sales
Both
  • Used by individuals without time or expertise to manage assets
  • Simple document that can be revoked at any time by owner or bank
  • No transfer of ownership

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Important disclosures regarding the guarantee program