Trusts

Customers with trusts who work with Core Bank get access to services with professional trust administration and asset management. We manage trusts with the dual objective of allowing for growth and preserving the value of the family’s assets. Owning a trust can benefit you and your family by placing conditions on how and when your assets will be distributed. They also can reduce estate and gift taxes.

Home » Wealth Services » Trust

How We Can Help

Our experienced trust services team at Core Bank can help you administer your trust with our professional administration asset management services. You can count on us to handle all of your trust needs!

Trust Services for Your Needs

We offer trust, estate and charitable trust administration services to our customers at Core Bank. Our services help to protect your assets, reduce your tax burden, and leave the legacy you desire. Our experienced fiduciary experts can help find tax-efficient solutions for your most complex needs.

Trust FAQs

What is a trust?

A trust is a relationship where assets are held by one party for the benefit of another party. A trust is created by the owner, also called a grantor, who transfers property to a trustee. The trustee holds that property for the trust’s beneficiaries.

Why should I establish a trust?

Establishing a trust can help your assets avoid probate, protect trust assets from the beneficiary’s potential creditors, and give you greater protection than a will.

Are there any fees associated with owning a trust?

There’s no monthly maintenance fees for owning a trust at Core Bank.

How do I know which trust is right for me?

The most common types of trusts include living trusts/revocable trusts, testamentary trusts, irrevocable trusts, and charitable trusts. The type of trust that you choose depends on your needs and situation.

Contact Core Bank

Ready to get started with trust management services at Core Bank? Get in touch with our team to learn more about our trust services or sign up today!

Latest From the Blog

Liliana Marquez Joins Core Bank Mortgage Team

Core Bank is pleased to announce the addition to the Core Bank mortgage team with Liliana Marquez, a Bilingual Mortgage Loan Originator. Liliana has five years of mortgage experience and joined Core Bank in September 2023. Fluent in Spanish and English, Liliana is dedicated to making the home-buying journey go as smoothly and as enjoyable as possible for her clients. She is passionate about educating her clients to find the best program to fit their needs.

Take On High Rates with a Buydown

When you’re ready to obtain a mortgage loan, there is actually something you can do to ensure your mortgage payments are more manageable in the future. A buydown mortgage is a financing technique that allows a borrower to obtain a lower interest rate.