Trust, Estate and Guardianship Services
During your lifetime, effective planning is essential to maximize your wealth and minimize estate taxes for you and your future generations. With many years of specialized experience in the fields of Trust and Estate administration we are uniquely suited to assist our clients and families in these important areas. Working closely with you and your attorney we provide expert advice regarding the preservation and distribution of assets. Our expert investment management, our unique understanding of estate planning, our specialized tax knowledge and our sensitivity to each client's family and their unique needs make Cornerstone the Trustee of choice.
We understand that being a Trustee requires not only a specialized array of investment, tax and legal expertise, but also sensitivity to the needs of those who benefit from the establishment of the trust. Sometimes, being a Trustee means utilizing trust resources for joyous events, such as helping a beneficiary buy a first home or complete their education. It can also mean helping a trust beneficiary who is facing a financial or medical emergency. Being a Trustee can also mean protecting the beneficiary who seeks to squander trust assets or whose judgment may be affected by a personal crisis, disease, or addiction. Cornerstone, as professional Trustee, will faithfully follow our client’s expressed estate planning desires even as family circumstances change from generation to generation.
Cornerstone serves as a professional Trustee. Family members or friends serving as Trustee just cannot devote the same level of fulltime attention to investment and fiduciary decisions. It is very difficult for family members and friends to approach trust decisions with that impartiality and objectivity that are the hallmarks of Cornerstone. Namely Cornerstone can help avoid the potential for family conflict while affording your beneficiaries the extraordinary safeguards of a corporate trustee.
Frequently complex and typically time consuming, the responsibilities of serving as executor can be burdensome to a family member or friend. The duties are numerous and many important decisions must be made in a timely fashion. Inexperience in matters of estate settlement and distribution may lead to errors of judgment costly to your beneficiaries. For these reasons, many individuals turn to a corporate fiduciary such as Cornerstone to serve in the role of executor.
Cornerstone has the skill and experience in taxes, accounting, investments and property management to perform the exacting duties of estate administration. At the same time, our sensitivity to human issues frequently helps the family members through a very difficult time. We act objectively in the best interests of all estate beneficiaries, and are ideally suited to the role of neutral intermediary should disagreements arise among various beneficiaries. Finally, we stand ready to help counsel the survivors to make wise decisions with respect to their inheritance and financial future.
The importance of planning for the possibility of incapacity should not be overlooked. If an individual becomes incompetent and the proper estate planning tools are not in place, a court proceeding will be held to appoint a guardian or conservator. The court will appoint a guardian to care for the person and a separate guardian to care for the property. Cornerstone National Bank and Trust Company is willing and able to serve as guardian for the property, should that need arise. We are always focused on our clients’ needs and the proper investments to meet their needs.
"Cornerstone Connect" and Technology Services
Cornerstone Connect brings all of our Investment technology together for your easy access. Our clients expect current, understandable information on their investments that can be easily accessed over a SECURE internet website. Cornerstone Connect allows you to access investment and trust account information 24 hours a day/7 days a week. Using Cornerstone Connect you can access your: asset allocation, account holdings, market values, tax costs, cash information, as well as all transactions.
You can depend on our professionals to provide you with:
- • Superior advice and strategies to achieve your goals
- • Proven investment performance
- • Comprehensive resources
- • Focused solutions for your financial needs
To access your Wealth Management accounts, click hereto login to Cornerstone Connect.