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Financial Security Since 1854 

Trust Services

Cornerstone established its Trust Department in 1998. Since that time, the Trust Department has grown to over $65,000,000 in total assets. Our staff has more than 70 years of collective trust administration and operations experience. Finally, we offer a full menu of trust services that include the following:

EXECUTOR

Our impartiality and availability in handling estate responsibilities saves your beneficiaries time and worry. We offer the knowledge which comes from our more than 70 years of collective trust experience to handle such issues.

In our role as Executor, our services include the following:

• Collect and determine assets
• Provide for safety of assets
• Pay outstanding debts of the decedent
• File an inventory of assets with the Probate Court
• File final income tax returns for decedent
• Distribute the estate in accordance with the will
• Make a final report of the estate activity to the beneficiaries and the Probate Court.

TRUSTEE

Our trust professionals can help your attorney, CPA, insurance agent or other adviser design a trust that will help you to achieve your goals. As Trustee, we will:

• Manage the assets of the trust in accordance with the terms of the trust and the needs of the beneficiary
• Provide periodic reports and tax information
• Ultimately, terminate the trust and distribute the assets per the terms of the written agreement.

CUSTODIAN

Let us handle the details of the bookkeeping involved with your investments and make sure that your securities are stored safely. Services we perform in our role as Custodian include:

• Arrange for the safekeeping of assets deposited with the custodian
• Collect the interest and dividends
• Process buy and sell orders
• Notify the depositor of any corporate actions, such as called or matured bonds
• Provide periodic statements and tax information.

INVESTMENT MANAGEMENT

Let our trust professionals help you design an investment portfolio tailored to meet your objectives.

As Investment Managers, we:

• Establish investment goals
• Review the portfolio and make written buy and sell recommendations to the account owner
• Safekeep assets
• Process buy and sell orders
• Collect interest and dividends
• Notify the depositor of any corporate actions, such as called or matured bonds
• Provide periodic statements and tax information.

SELF DIRECTED IRAs

Now you can have peace of mind by knowing that you account is up-to-date with the latest laws and regulations.

We will assist you with your self directed IRA as follows:

• Collect interest and dividends
• Sweep daily all income received into a cash management fund
• Notify the depositor of any corporate actions, such as called or matured bonds
• Provide periodic reports to the account holder.

We are interested and willing to work with you and your financial planning team (your lawyer, CPA, insurance agent or other) in establishing a plan and administering your account relationship.

Our staff prides itself on the close relationship that is established with each and every one of our trust customers.

For more information about our services or fees, call (618) 465-5696 or email us at trust@cstonebank.com.