CorTrust Trust Services

Personal Trust Services

When you establish a trust, you’re transferring assets to a trustee of your designation who will manage these assets during your lifetime and for the benefit of your beneficiaries thereafter. We provide absolute objectivity and the foresight necessary to ensure your needs and those of your beneficiaries are properly addressed. We provide trust administration services for the following types of trusts:

  • Revocable (Living) Trusts
  • Special Needs Trusts
  • Irrevocable Trusts
  • Dynasty Trusts
  • Life Insurance Trusts
  • “Change of Situs” Trusts
  • Charitable Trusts
  • Conservatorships
  • Testamentary Trusts

Asset Management Services

CorTrust Bank’s objective is to maximize the return on your managed portfolio while adhering strictly to pre-determined risk parameters and investment guidelines. We work closely with you to understand your investment objectives, risk tolerance, tax situation and liquidity requirements. Our investment professionals manage your portfolio according to your specific needs and continually monitor your account. Our asset allocation models utilize many of the best no-load mutual funds in the industry.  We prepare individually tailored portfolios for:

  • Taxable Accounts
  • Tax-free Accounts
  • Asset Allocation Models
  • Individual Stock and Bond Portfolios

Custody Services

CorTrust Bank’s Custody Services are an excellent way to direct your own investments, while maintaining thorough and accurate record-keeping control. We will collect matured or called bonds, sell or exercise stock rights on your behalf, and take care of all routine investment duties. We collect and remit income monthly or quarterly, provide you with complete statements of all transactions, and provide you with a complete tax ledger at year-end for ease of filing your tax return.

 Estate Settlement Services

Appointing CorTrust Bank as personal representative assures your instructions will be carried out and your beneficiaries will receive expert guidance throughout the administration of your estate. We take on the responsibility of settling an estate, including:

  • Collecting and valuing assets
  • Paying debts, expenses and taxes
  • Preparing the estate tax return
  • Account administration
  • Claims processing
  • Periodic statements
  • Deposit and wire services
  • Custody of estate assets
  • Collection of income (i.e. interest, dividends, rents, royalties, etc.)
  • Daily investment of principal and income cash
  • Distributing property according to the instructions in your will

When we settle an estate, our administrators are the primary contacts for beneficiaries, attorneys and other individuals interested in the estate.

Personal Financial Services

Our personal financial services provide relief and assistance to our clients who need help with their day-to-day financial matters. 

Our customers can enjoy their later years without the burden of handling the often times confusing details of:

  • Medical Insurance Management
  • Financial Management
  • Bill Paying
  • Annual Tax Preparation