Resource Center

Expert Insights header
  Creating change since 1868. Learn more. You earned it. We'll grow it. Busey Wealth Management.
Expert Insights

Proactive Planning

Do you know what you would do in the event of disaster or your incapacitation? Imagine trying to reconstruct your financial records after a house fire or computer failure—or your family guessing at your wishes during a medical emergency. While preparing for emergencies may not be pleasant, proactive planning can provide clarity and peace of mind when you, and your family, need it most.

Busey Wealth Management is pleased to offer a robust planning document, Message To My Loved Ones, that can help as a guide through difficult times. The information within this packet, designed to complement your estate plans and documents, provides basic, yet comprehensive, direction regarding your assets and accounts, important documents, trusted advisors, insurance policies and healthcare decisions for your family. We encourage you to talk to your financial advisor today to obtain a copy, helping you to consolidate your most important information.

When planning for the unexpected, communication is key. The Message To My Loved Ones is an excellent framework to begin discussions with family and friends about your wishes. By making sure your critical information is available when sharing your plans, you set a shared framework in case of disaster. We recommend reviewing your information annually, or in case of a significant event—marriage, divorce, birth of a child or grandchild, or receipt of a significant inheritance. Remember, you want your loved ones to understand that you care enough to share what is important.

After you have formalized your estate plan and communicated your wishes using this packet, consider granting someone authority to act on your behalf for property and healthcare decisions. You may wish to grant durable powers of attorney for property or healthcare to a trusted agent. Ensuring your agent has your information, and works well with your attorney, accountant, Busey Wealth Management advisor and other necessary professionals, will hopefully eliminate misunderstandings in a crisis.

As Henry Ford so accurately stated, “Before everything else, getting ready is the secret of success.” At Busey Wealth Management, we understand that coordinating your financial affairs—or those of a loved one—can be time consuming and confusing. That is why our team of nearly 100 professionals are equipped to help you proactively plan for the unexpected events in life. From preparing your Message to My Loved Ones to planning for generations, find out how we can develop a strategy to meet your unique needs.

 

Back to Expert Insights

 

Investing involves risk and you may incur a profit or loss regardless of strategy selected. Be sure to contact a qualified professional regarding your particular situation before making any investment or withdrawal decision. You should discuss any tax or legal matters with the appropriate professional.

Securities offered through Raymond James Financial Services, Inc. Member FINRA/SIPC, and are not insured by bank insurance, the FDIC or any other government agency, are not deposits or obligations of the bank, are not guaranteed by the bank, and are subject to risks, including the possible loss of principal. Investment Advisory Services offered through Raymond James Financial Services Advisors, Inc. Busey Bank, Busey Wealth Management, and Busey Investment Services are not registered broker/dealers and are independent of Raymond James Financial Services.

This material is being provided for information purposes only and is not a complete description, nor is it a recommendation. Opinions are not necessarily those of Raymond James. The information has been obtained from sources conserved to be reliable, but Raymond James does not guarantee that the foregoing material is accurate or complete.

Busey Investment Services
201 W. Main St.
Urbana, IL 61801
217.365.4860

 

  • Rated 5-Star "Superior" by Bauer Financial
  • Busey Bank BBB Business Review
  • Certified Green Business by the Illinois Green Business Association
  • Norton Secured; powered by VeriSign
  • Website powered by Digital Insight
  • Surcharge-free access at any MoneyPass network ATM
  • Equal Housing Lender
  • Member FDIC

 

 

 

 

 

 

 

With five lines of business—personal, mortgage, commercial, cash management and wealth management—working together as One Busey, we can meet all your financial needs with confidence. Customers who partner with us are rewarded with the Busey Advantage—regional capabilities and local priorities. It's a commitment that has stood the test of time.

On the personal side, Busey Bank promises to make your banking hassle free with smart personal checking and savings accounts, convenient online banking and mobile banking solutions and consumer loans. Whether you are ready to buy your first home or simply want to refinance the one you currently own, our practical home mortgages, participation in a wide range of special loan programs and in-house mortgage expertise mean your home loan is tailored to your individual needs.

From opening your first business checking account or loan to creating a strong succession plan, Busey can help you manage your growing business. Our business banking, lending and cash management solutions give you the tools you need to keep your business successful and nimble. Our participation in a wide variety of specialized programs and in-house credit expertise allow us to tailor commercial lending packages to your unique situation and make faster credit decisions. Busey knows that cash flow is the lifeblood of a business—whether you need help with receivables, payables, liquidity, fraud protection or information reporting, we can customize your cash management solution to your growing business' needs.

You've earned it. We'll grow it. Busey Wealth Management provides asset management, investment and fiduciary services to individuals, businesses and foundations. We build a team of local professionals around your needs to establish the best strategy for your situation. We work closely with you to develop a personal, comprehensive plan that will help you meet your goals and objectives through each phase of the wealth management process.

Innovative Banking. Simplified.

It's your money, and you should be able to access your accounts whether you're out shopping or out of the country.

Busey makes it easy to securely manage your finances whenever you want, wherever you are.

Personal Banking Learn More »

First home. Or dream home.

There's no place like it.

Busey promises to find the home financing that's best for you - whether you're just starting out, tired of renting or purchasing your dream home.

Mortgage Learn More »

A top partner for your bottom line.

You've worked hard to realize your dream of opening a business.

Busey promises to partner with you so you don't have to handle difficult decisions alone.

Business Banking Learn More »

You earn it. We'll grow it.

After years of hard work, you want to see your efforts pay off - literally.

Busey promises to make your money work for you.

Wealth Management Learn More »

Our customers are our neighbors.

When it comes to navigating your unique financial journey, you want a partner who understands who you are, where you came from and where you are headed.

Busey promises expert advice to guide you through every important financial decision.

Resource Center Learn More »

Our roots run deep.

With roots that trace back more than 145 years, our professional farm managers are entrusted to care and maximize value for landowners controlling a combined 100,000+ acres of prime farmland in Illinois.

Ag Services Learn More »

A top partner for your bottom line.

You've worked hard to realize your dream of opening a business.

We'll build a relationship with you so you don't have to handle these difficult financial decisions alone.

 Learn More »

Your Dream. Our Promise.

You have big dreams.

Busey promises to help you realize those dreams.

The Busey Promise Learn More »

Fulfilling Dreams for 150 Years.

Join us as we celebrate our sesquicentennial.

busey150 Learn More »