July 2013 2013 Calendar

As always, CU* Talk© and OnlineBanking services are available foryour convenience, 24 hours a day,7 days a week, 365 days a year!

877-251-7281

Independence DayJuly 4th CLOSED

Labor DaySeptember 2, CLOSED

ThanksgivingNovember 28, CLOSED

Christmas EveDecember 24, Tuesday OPEN until 1:00 p.m.

Christmas Day Holiday Wednesday

December 25, CLOSED

New Year’s EveDecember 31, Tuesday OPEN until 3:00 p.m.

New Year’s Holiday WednesdayJanuary 1, 2014 CLOSED

The Unlawful Internet GamblingEnforcement Act (UIGEA)

prohibits commercial accountmembers from using their

account for illegal transactionsunder applicable federal, state

or local law.

IN THIS ISSUE

• Membership AppreciationDay

• Scholarship Winners

• End of Windows XP

• Setting Up Your Estate toMinimize Probate

• New Day Foundation

• Daisy Troop Tour

• Washington TownshipAcademic Team

FIRST TRUST CREDIT UNION HONORS SCHOLARSHIP RECIPIENTS ATANNUAL DINNER MEETING HELD ON SATURDAY, APRIL 22, 2013.

First Trust Credit Union awarded two $1000 scholarships at their 53rd Annual Dinner Meeting on Saturday,April 20, 2013 at Beacon Hills Banquet & Conference Center in LaPorte.

Laima Kaukaite, senior at Marquette Catholic High School in Michigan City, received the Del Lonzo MemorialScholarship for $1000. This scholarship is awarded each year to a graduating senior planning to pursue a4-year degree at any college or university. This annual scholarship was established to honor Del Lonzo, ateacher at Rogers High School in Michigan City, and long term member of the credit union’s Board ofDirectors. Kaukaite, daughter of Stuart and Diana Johns, is planning to attend Loyola University Chicago inthe fall, majoring in Pre-Med. Kaukaite has an impressive 4.2 GPA and has received numerous scholasticawards including: Summa Cum Laude Award, Rotary student of the month, and the Ed Paine Award forexcellence in mathematics. She is also a member of both the academic and art honor society, and is involvedin other activities including: drama club, Spanish club, dance team, academic super bowl, and is captain ofthe cross country team. Kaukaite also exemplifies excellence in the scholarship requirement of service, asshe actively volunteers at Franciscan St. Anthony Health, and St. Stansilaus Roman Catholic resale shop.

Nicolette Bensinger, senior at Morgan Township High School in Valparaiso, IN, received the Virginia StevensScholarship for $1000. Bensinger, daughter of Dale and Carol Bensinger, is the first to be awarded this newlyestablished annual scholarship that is awarded to a graduating senior planning to pursue an education at atechnical or trade school, or earn certification in a non-four year program. The scholarship was establishedto honor Virginia Stevens, the founding member of First Trust Credit Union. Bensinger is planning to attendBaker College in Muskegon, Michigan this coming fall to become a Veterinary Technician. Bensinger holdsa current GPA of 2.7 and has been involved in several sports such as track & field, volleyball, cheerleadingand cross country. She has served as Color Guard leader, and is a member of HOSA (a student organizationdealing with health care). For the past 10 years, she has been a member of the Morgan Hustling Hoosiers4-H Club, and has served as 4-H Historian. Bensinger has served her community by volunteering withorganizations such as the VNA, Meals on Wheels, Kiwanis Club, and the American Red Cross.

There’s a Party Going On and YOU’RE INVITED!

Membership Appreciation DayFriday - August 9th – 9:00 a.m. – 5:00 p.m.

FOOD, SPECIAL EVENTS, GIVE-A-WAYS AT ALL FIRST TRUST BRANCHESStay tuned for more details

2014 Scholarship Applications NOW AVAILABLEOn First Trust Website www.firsttrustcu.com

Click on Scholarships

Setting Up Your Estate to Minimize ProbateWhat can you do to lessen its impact for your heirs?

Provided by Brad Werner

Probate subtly reduces the value of many estates. It can take more than a year in some cases, and attorney’sfees, appraiser’s fees and court costs may eat up as much as 5% of a decedent’s accumulated assets. Thinktens of thousands of dollars, perhaps more.1

What do those fees pay for? In many cases, routine clerical work. Few estates require more than that. Heirs ofsmall, five-figure estates may be allowed to claim property through affidavit, but this convenience isn’t extendedfor larger estates.

So how you can exempt more of your assets from probate and its costs? Here are some ideas.

Joint accounts. Jointly titled property with the right of survivorship is not subject to probate. It simply goesto the surviving spouse when one spouse passes. There are a couple of variations on this. Some states allowtenancy by the entirety, in which married spouses each own an undivided interest in property with the right ofsurvivorship. A few states allow community property with right of survivorship; assets titled in this way alsoskip the probate process.2,3,4

Joint accounts may be exempt from probate, but they can still face legal challenges – especially bank accountswhen the title is modified by a bank employee rather than a lawyer. The signature card may not containsurvivorship language, for example. Or, a joint account with rights of survivorship may be found inconsistentwith language in a will.5

POD & TOD accounts. Payable-on-death and transfer-on-death forms are used to permit easy transfer ofbank accounts and securities (and even motor vehicles in a few states). As long as you live, the namedbeneficiary has no rights to claim the account funds or the security. When you pass away, all that the namedbeneficiary has to do is bring his or her I.D. and valid proof of the original owner’s death to claim the assets orsecurities.3

Gifts. For 2013, the IRS allows you to give up to $14,000 each to as many different people as you like, tax-free. By doing so, you reduce the size of your taxable estate. Please note that gifts over the $14,000 limit maybe subject to federal gift tax of up to 40% and count against the lifetime gift tax exclusion, now at $5.25 million.6

Revocable living trusts. In a sense, these estate planning vehicles allow people to do much of their ownprobate while living. The grantor – the person who establishes the trust – funds it while alive with up to 100%of his or her assets, designating the beneficiaries of those assets at his or her death. (A pour-over will can beused to add subsequently accumulated assets; it will be probated, however.)2,7,8

The trust owns assets that the grantor once did, yet the grantor can use these assets while alive. When thegrantor dies, the trust becomes irrevocable and its assets are distributed by a successor trustee without havingto be probated. The distribution is private (as opposed to the completely public process of probate) and it cansave heirs court costs and time.7

Are there assets probate doesn’t touch? Yes. In addition to property held in joint tenancy, retirementsavings accounts (such as IRAs), life insurance death benefits and Treasury bonds are exempt. Speaking ofretirement savings accounts...2

Make sure to list/update retirement account beneficiaries. When you open a retirement savings account(such as an IRA), you are asked to designate eventual beneficiaries of that account on a form. This beneficiaryform stipulates where these assets will go when you pass away. A beneficiary form commonly takes precedenceover a will, because retirement accounts are not considered part of an estate.8

Your beneficiary designations need to be reviewed, and they may need to be updated. You don’t want your IRAassets, for example, going to someone you no longer trust or love.

If for some reason you leave the beneficiary form for your life insurance policy blank, it could be subject toprobate when you die. If you leave the beneficiary form for your IRA blank, then the IRA assets may bedistributed according to the default provision set by the IRA custodian (the brokerage firm hosting the IRAaccount). These instances are rare, but they do happen.9,10

To learn more about strategies to avoid probate, consult an attorney or a financial professional with solidknowledge of estate planning.

Brad Werner may be reached at (219) 929-1234 or brad@bradwerner.com.

www.bradwerner.comSecurities and advisory services offered through National Planning Corporation (NPC), Member FINRA/SIPC, a Registered Investment Adviser. Securities arenot insured by the FDIC/NCUA or any other federal government agency, have no financial institution guarantee, and may lose value. Brad Werner and Company,First Trust Credit Union and NPC are separate and unrelated companies.

This material was prepared by MarketingLibrary.Net Inc., and does not necessarily represent the views of the presenting party, nor their affiliates. All informationis believed to be from reliable sources; however we make no representation as to its completeness or accuracy. Please note - investing involves risk, and pastperformance is no guarantee of future results. The publisher is not engaged in rendering legal, accounting or other professional services. If assistance is needed,the reader is advised to engage the services of a competent professional. This information should not be construed as investment, tax or legal advice and maynot be relied on for the purpose of avoiding any Federal tax penalty. This is neither a solicitation nor recommendation to purchase or sell any investment orinsurance product or service, and should not be relied upon as such. All indices are unmanaged and are not illustrative of any particular investment.

Citations.1 - www.nolo.com/legal-encyclopedia/why-avoid-probate-29861.html [4/17/13]2 - www.kiplinger.com/article/retirement/T021-C000-S001-four-facts-of-living-trusts.html#iwrC4LSHbmjf9emt.99 [4/4/13]3 - www.inc.com/articles/1999/11/15611.html [11/99]4 - www.law.cornell.edu/wex/tenancy_by_the_entirety [8/19/10]5 - www.newyorklawjournal.com/PubArticleNY.jsp?id=1202585770799 [1/28/13]6 - www.chron.com/news/article/New-act-clears-up-estate-gift-tax-confusion-4301217.php [2/22/13]7 - blog.nolo.com/estateplanning/2011/08/24/trusts-revocable-v-irrevocable/ [8/24/11]8 - www.nytimes.com/2011/02/10/business/10ESTATE.html [2/10/11]9 - www.investopedia.com/articles/retirement/03/031803.asp [11/8/09] 10 - www.smartmoney.com/taxes/estate/how-to-choose-a-beneficiary-1304670957977/ [6/10/11]

Michigan City950 East U.S. Hwy 20

Michigan City, IN 46360 (219) 879-6161

La Porte402 J Street

La Porte, IN 46350(219) 324-4359

Valparaiso1404 East LincolnwayValparaiso, IN 46383

(219) 462-7805

Wheatfield4259 West State Road 10

Wheatfield, IN 46392(219) 956-3922

Kim Kniola,President/CEO

Board of DirectorsHoward Smith, Chairman

Robert Tillema, Vice-ChairmanJames Mink, Sr., TreasurerJohn Henderson, Secretary

Arnold BassLinda Bechinski

Jean EwingDavid Hildebrand

Dennis KnaupDavid Sobecki

First Trust SupervisoryCommittee

Rona Edquist, ChairpersonAnge BenzMarlete Kiff

Nino Pecoraro

www.firsttrustcu.comToll Free (800) 276-6161Rates listed in this newsletter may be

subject to change

First Trust Credit Union NMLS# 399279provides mortgage loans by partnershipwith CU Members Mortgage, a division

of Colonial Savings, F.A., NMLS #410285

35135-First Trust Newsletter Summer 2013_35135-First Trust Newsletter Summer 2013 5/22/13 11:37 AM Page 1

The End of Windows XP Daniel Rajsic, CFO

Windows XP continues to be one of the most popular PC operating systems. Even after the release of WindowsVista, Windows 7, and most recently Windows 8, about 38% of all PCs still run Windows XP.

Microsoft supports each version of its Windows operating systems for about 10 years. On April 8, 2014 Microsoftwill no longer support Windows XP. Does that mean your Windows XP PC will stop working? The answer is no.However as new security holes and vulnerabilities are discovered in Windows XP, Microsoft will not fix them.

Identity thieves, hackers, and scammers will jump on each newly discovered vulnerability to steal usernames,passwords, account numbers, credit card numbers, and anything else they can exploit. People who are reluctantto replace or upgrade their Windows XP machine because it “still works fine” may quickly become the victims offraud and identity theft.

Where PCs used to cost a few thousand dollars, you can purchase a quality PC today for a few hundred dollars. PCmakers will be offering back-to-school specials this summer as well as many great deals for the Christmas 2013season. Some people may find it is time to change from a traditional PC to a tablet. Whatever the choice, existingWindows XP users still have time to save for a new system, and find a deal that is right for them.

Microsoft as well as most every computer security expert are already sending out warnings. It is not safe to use aWindows XP after April 8, 2014. If you are one of the millions of people still using a Windows XP system, the timeto start planning to transition to a new system is now.

If you are unsure what operating system your PC uses, you can visit a site like whatsmyos.com and it will tell you.

Should you need financing for your new system, First Trust CU may be able to help.

FIRST TRUST CREDIT UNION HOSTS LOCAL DAISY TROOPAS PART OF YOUTH WEEK FESTIVITIES.First Trust Credit Union hosted a local Daisy Troop on Monday, April 22, 2013 as partof their International Credit Union Youth Week celebration. The troop consisted of fivegirls ages 6-8 years, who according to First Trust Marketing Assistant, DoreneMartinson, seemed “very eager to learn all about money”.

The troop toured the credit union from 3:00 - 4:00 p.m., taking a fun-filled journeyvisiting various departments within the credit union such as: Marketing, Accounting,Member Services, Collections, and the Teller Line. The troop participated in activitiespertaining to areas of interest for earning their financial badges which include “MoneyCounts” and “Making Choices”. Topics discussed included: understanding differentkinds of coins, knowing more about paper money, understanding the differencesbetween wants and needs, and setting a goal to save for what you want. The troopparticipated in age-appropriate activities such as matching the presidents tocoins/bills on which they are printed, how to detect counterfeit money, the importanceof wants versus needs, and exploring “Googleplex” - the online kids program available to all First Trust Tree House Kids Clubmembers. The troop enjoyed visiting the Tree House Kids Club corner in the lobby of the credit union with its own special rockingchair, and the tree adorned with “green apples” upon which young Tree House members have written their savings goals.

Washington Township High School Academic Teams Gain Monetary Support FromFirst Trust Credit Union and Pizza HutWashington Township High School can be very proud of their High School Academic Super Bowl Teams. Twenty - two studentsparticipate, making up six different teams, showcasing their skills in Fine Arts, Social Studies, Math, English, Science, and Interdisciplinarycompetitions throughout the state. As you can imagine, the participation and transportation costs can be quite overwhelming, forcingstudents and coaches to get quite creative in their efforts to raise funds for such a worthwhile endeavor.

With the partnership already in place with First Trust Credit Union’s on-sitebranch CU in School, Washington Township High School Academic Teamsgained monetary support with a $500 donation from First Trust Credit Union,and a $150 donation from Pizza Hut.

Washington Townships Academic Teams have been doing very well at theirfirst two competitions. All six teams took first place for Class IV Schools at therecent Wheeler Area meet. The Science team score placed them 5th out of63 Class 4 Schools in Indiana, earning them an invitation to compete at theState meet. Science team members include Holly Evans, Jorge Beron, JudeConnelly, Shyam Raman, Logan Swanson, and Nate Vas. They are coachedby Ken Kehe. Washington Township’s Math team, consisting of GageMarshall, Joe Nugent, Elizabeth Masson and Holly Evans, achieved a scoreresulting in a rank of #1 out of 63 Class IV schools across the state. Statecompetition at Purdue University on May 4th secured the Math team a 6thplace for Class IV Schools, while the Science team took 4th at the state meet.

Based on cumulative scores for all subject areas out of 63 schools in Class IV, Washington Township Academic Team closed their verysuccessful season receiving a “Top Ten” certificate from the ISAP. For more information on how you can help Washington Township’sAcademic Teams contact Ken Kehe, Academic Teams Coordinator at (219) 464-3598 Ext. 5351 or e-mail Ken at Ken.Kehe@epcsc.k12.in.us

Tom Dougherty Wins New Day Foundation - 10K RaceTom Dougherty, Investments and Facility Manager for First Trust Credit Union,participated in the New Day Foundation 10K Race on Saturday-March 30, 2013,taking away the winning First Place trophy! First Trust’s La Porte branch hasbeen an active sponsor for New Day and wishes to congratulate Tom on behalfof his fellow co-workers and First Trust members. New Day Foundation, a DoorVillage UMC ministry, is dedicated to helping individuals in the La Portecommunity battling cancer. For more information about New Day contact (219)326-7192, or e-mail cathyd16@frontier.com

L-R Elizabeth Hutchinson and RachelContreras had Daisy Troop member’s match

President’s names to a variety of coins.

PAPER OR PLASTIC

Our Checking Account

Offers Both

ASK US ABOUT OUR

FREE CHECKING AND

DEBIT CARD

35135-First Trust Newsletter Summer 2013_35135-First Trust Newsletter Summer 2013 5/22/13 11:37 AM Page 2

July 2013 2013 Calendar

As always, CU* Talk© and OnlineBanking services are available foryour convenience, 24 hours a day,7 days a week, 365 days a year!

877-251-7281

Independence DayJuly 4th CLOSED

Labor DaySeptember 2, CLOSED

ThanksgivingNovember 28, CLOSED

Christmas EveDecember 24, Tuesday OPEN until 1:00 p.m.

Christmas Day Holiday Wednesday

December 25, CLOSED

New Year’s EveDecember 31, Tuesday OPEN until 3:00 p.m.

New Year’s Holiday WednesdayJanuary 1, 2014 CLOSED

The Unlawful Internet GamblingEnforcement Act (UIGEA)

prohibits commercial accountmembers from using their

account for illegal transactionsunder applicable federal, state

or local law.

IN THIS ISSUE

• Membership AppreciationDay

• Scholarship Winners

• End of Windows XP

• Setting Up Your Estate toMinimize Probate

• New Day Foundation

• Daisy Troop Tour

• Washington TownshipAcademic Team

FIRST TRUST CREDIT UNION HONORS SCHOLARSHIP RECIPIENTS ATANNUAL DINNER MEETING HELD ON SATURDAY, APRIL 22, 2013.

First Trust Credit Union awarded two $1000 scholarships at their 53rd Annual Dinner Meeting on Saturday,April 20, 2013 at Beacon Hills Banquet & Conference Center in LaPorte.

Laima Kaukaite, senior at Marquette Catholic High School in Michigan City, received the Del Lonzo MemorialScholarship for $1000. This scholarship is awarded each year to a graduating senior planning to pursue a4-year degree at any college or university. This annual scholarship was established to honor Del Lonzo, ateacher at Rogers High School in Michigan City, and long term member of the credit union’s Board ofDirectors. Kaukaite, daughter of Stuart and Diana Johns, is planning to attend Loyola University Chicago inthe fall, majoring in Pre-Med. Kaukaite has an impressive 4.2 GPA and has received numerous scholasticawards including: Summa Cum Laude Award, Rotary student of the month, and the Ed Paine Award forexcellence in mathematics. She is also a member of both the academic and art honor society, and is involvedin other activities including: drama club, Spanish club, dance team, academic super bowl, and is captain ofthe cross country team. Kaukaite also exemplifies excellence in the scholarship requirement of service, asshe actively volunteers at Franciscan St. Anthony Health, and St. Stansilaus Roman Catholic resale shop.

Nicolette Bensinger, senior at Morgan Township High School in Valparaiso, IN, received the Virginia StevensScholarship for $1000. Bensinger, daughter of Dale and Carol Bensinger, is the first to be awarded this newlyestablished annual scholarship that is awarded to a graduating senior planning to pursue an education at atechnical or trade school, or earn certification in a non-four year program. The scholarship was establishedto honor Virginia Stevens, the founding member of First Trust Credit Union. Bensinger is planning to attendBaker College in Muskegon, Michigan this coming fall to become a Veterinary Technician. Bensinger holdsa current GPA of 2.7 and has been involved in several sports such as track & field, volleyball, cheerleadingand cross country. She has served as Color Guard leader, and is a member of HOSA (a student organizationdealing with health care). For the past 10 years, she has been a member of the Morgan Hustling Hoosiers4-H Club, and has served as 4-H Historian. Bensinger has served her community by volunteering withorganizations such as the VNA, Meals on Wheels, Kiwanis Club, and the American Red Cross.

There’s a Party Going On and YOU’RE INVITED!

Membership Appreciation DayFriday - August 9th – 9:00 a.m. – 5:00 p.m.

FOOD, SPECIAL EVENTS, GIVE-A-WAYS AT ALL FIRST TRUST BRANCHESStay tuned for more details

2014 Scholarship Applications NOW AVAILABLEOn First Trust Website www.firsttrustcu.com

Click on Scholarships

Setting Up Your Estate to Minimize ProbateWhat can you do to lessen its impact for your heirs?

Provided by Brad Werner

Probate subtly reduces the value of many estates. It can take more than a year in some cases, and attorney’sfees, appraiser’s fees and court costs may eat up as much as 5% of a decedent’s accumulated assets. Thinktens of thousands of dollars, perhaps more.1

What do those fees pay for? In many cases, routine clerical work. Few estates require more than that. Heirs ofsmall, five-figure estates may be allowed to claim property through affidavit, but this convenience isn’t extendedfor larger estates.

So how you can exempt more of your assets from probate and its costs? Here are some ideas.

Joint accounts. Jointly titled property with the right of survivorship is not subject to probate. It simply goesto the surviving spouse when one spouse passes. There are a couple of variations on this. Some states allowtenancy by the entirety, in which married spouses each own an undivided interest in property with the right ofsurvivorship. A few states allow community property with right of survivorship; assets titled in this way alsoskip the probate process.2,3,4

Joint accounts may be exempt from probate, but they can still face legal challenges – especially bank accountswhen the title is modified by a bank employee rather than a lawyer. The signature card may not containsurvivorship language, for example. Or, a joint account with rights of survivorship may be found inconsistentwith language in a will.5

POD & TOD accounts. Payable-on-death and transfer-on-death forms are used to permit easy transfer ofbank accounts and securities (and even motor vehicles in a few states). As long as you live, the namedbeneficiary has no rights to claim the account funds or the security. When you pass away, all that the namedbeneficiary has to do is bring his or her I.D. and valid proof of the original owner’s death to claim the assets orsecurities.3

Gifts. For 2013, the IRS allows you to give up to $14,000 each to as many different people as you like, tax-free. By doing so, you reduce the size of your taxable estate. Please note that gifts over the $14,000 limit maybe subject to federal gift tax of up to 40% and count against the lifetime gift tax exclusion, now at $5.25 million.6

Revocable living trusts. In a sense, these estate planning vehicles allow people to do much of their ownprobate while living. The grantor – the person who establishes the trust – funds it while alive with up to 100%of his or her assets, designating the beneficiaries of those assets at his or her death. (A pour-over will can beused to add subsequently accumulated assets; it will be probated, however.)2,7,8

The trust owns assets that the grantor once did, yet the grantor can use these assets while alive. When thegrantor dies, the trust becomes irrevocable and its assets are distributed by a successor trustee without havingto be probated. The distribution is private (as opposed to the completely public process of probate) and it cansave heirs court costs and time.7

Are there assets probate doesn’t touch? Yes. In addition to property held in joint tenancy, retirementsavings accounts (such as IRAs), life insurance death benefits and Treasury bonds are exempt. Speaking ofretirement savings accounts...2

Make sure to list/update retirement account beneficiaries. When you open a retirement savings account(such as an IRA), you are asked to designate eventual beneficiaries of that account on a form. This beneficiaryform stipulates where these assets will go when you pass away. A beneficiary form commonly takes precedenceover a will, because retirement accounts are not considered part of an estate.8

Your beneficiary designations need to be reviewed, and they may need to be updated. You don’t want your IRAassets, for example, going to someone you no longer trust or love.

If for some reason you leave the beneficiary form for your life insurance policy blank, it could be subject toprobate when you die. If you leave the beneficiary form for your IRA blank, then the IRA assets may bedistributed according to the default provision set by the IRA custodian (the brokerage firm hosting the IRAaccount). These instances are rare, but they do happen.9,10

To learn more about strategies to avoid probate, consult an attorney or a financial professional with solidknowledge of estate planning.

Brad Werner may be reached at (219) 929-1234 or brad@bradwerner.com.

www.bradwerner.comSecurities and advisory services offered through National Planning Corporation (NPC), Member FINRA/SIPC, a Registered Investment Adviser. Securities arenot insured by the FDIC/NCUA or any other federal government agency, have no financial institution guarantee, and may lose value. Brad Werner and Company,First Trust Credit Union and NPC are separate and unrelated companies.

This material was prepared by MarketingLibrary.Net Inc., and does not necessarily represent the views of the presenting party, nor their affiliates. All informationis believed to be from reliable sources; however we make no representation as to its completeness or accuracy. Please note - investing involves risk, and pastperformance is no guarantee of future results. The publisher is not engaged in rendering legal, accounting or other professional services. If assistance is needed,the reader is advised to engage the services of a competent professional. This information should not be construed as investment, tax or legal advice and maynot be relied on for the purpose of avoiding any Federal tax penalty. This is neither a solicitation nor recommendation to purchase or sell any investment orinsurance product or service, and should not be relied upon as such. All indices are unmanaged and are not illustrative of any particular investment.

Citations.1 - www.nolo.com/legal-encyclopedia/why-avoid-probate-29861.html [4/17/13]2 - www.kiplinger.com/article/retirement/T021-C000-S001-four-facts-of-living-trusts.html#iwrC4LSHbmjf9emt.99 [4/4/13]3 - www.inc.com/articles/1999/11/15611.html [11/99]4 - www.law.cornell.edu/wex/tenancy_by_the_entirety [8/19/10]5 - www.newyorklawjournal.com/PubArticleNY.jsp?id=1202585770799 [1/28/13]6 - www.chron.com/news/article/New-act-clears-up-estate-gift-tax-confusion-4301217.php [2/22/13]7 - blog.nolo.com/estateplanning/2011/08/24/trusts-revocable-v-irrevocable/ [8/24/11]8 - www.nytimes.com/2011/02/10/business/10ESTATE.html [2/10/11]9 - www.investopedia.com/articles/retirement/03/031803.asp [11/8/09] 10 - www.smartmoney.com/taxes/estate/how-to-choose-a-beneficiary-1304670957977/ [6/10/11]

Michigan City950 East U.S. Hwy 20

Michigan City, IN 46360 (219) 879-6161

La Porte402 J Street

La Porte, IN 46350(219) 324-4359

Valparaiso1404 East LincolnwayValparaiso, IN 46383

(219) 462-7805

Wheatfield4259 West State Road 10

Wheatfield, IN 46392(219) 956-3922

Kim Kniola,President/CEO

Board of DirectorsHoward Smith, Chairman

Robert Tillema, Vice-ChairmanJames Mink, Sr., TreasurerJohn Henderson, Secretary

Arnold BassLinda Bechinski

Jean EwingDavid Hildebrand

Dennis KnaupDavid Sobecki

First Trust SupervisoryCommittee

Rona Edquist, ChairpersonAnge BenzMarlete Kiff

Nino Pecoraro

www.firsttrustcu.comToll Free (800) 276-6161Rates listed in this newsletter may be

subject to change

First Trust Credit Union NMLS# 399279provides mortgage loans by partnershipwith CU Members Mortgage, a division

of Colonial Savings, F.A., NMLS #410285

35135-First Trust Newsletter Summer 2013_35135-First Trust Newsletter Summer 2013 5/22/13 11:37 AM Page 1