Trust and Investment Services
TRUSTS
Maintaining local ownership and control, Texas State Bank offers the following trust and investment management services:
- Revocable Living Trusts
A Revocable Living Trust works as an estate, financial planning, and investment management vehicle. It allows you to reduce the cost of passing your assets on to your heirs and to prepare for the ongoing financial security of you, your family, friends, or other beneficiaries. - Irrevocable Trusts
As an estate planning tool, an Irrevocable Trust can assist in reducing income taxes and transfer or estate taxes when you transfer the assets for your beneficiaries either while you are alive or after your death. - Life Insurance Trusts
Generally, estate planning would not be complete without life insurance. Placing ownership of life insurance in an Insurance Trust can help reduce estate taxes, provide wealth replacement, and benefit your family and estate today as well as in the event of your death. - Charitable Trusts
As another estate planning tool, a Charitable Trust can assist in reducing income taxes and transfer or estate taxes when you transfer the assets to a trust for the benefit of your favorite charity. Texas Bank will manage the trust for indefinite benefit to your benefactor charity, not only do you benefit, but your favorite charity wins too!
ESTATES AND GUARDIANSHIPS
GUARDIANSHIPS OF ESTATES FOR INDIVIDUALS
For individuals who are unable to manage their own personal affairs due to an illness, age, or other incapacity, Texas Bank can act as guardian of their financial affairs to ensure income is collected, expenses get paid, and assets are protected and properly invested. We also ensure proper reporting and approval is maintained for the financial estate.
ESTATE PLANNING AND SETTLEMENT
As Executor of your Estate, Texas Bank can handle all your estate settlement issues for your estate and beneficiaries. We organize assets and liabilities, ensure all proper tax reports are filed and all proper reports to the probate court are filed and in proper order, and ensure that your assets are appropriately transferred according to your wishes, desires and direction under your will.
We provide impartial, objective, and professional service for all your beneficiaries.
INVESTMENT MANAGEMENT ACCOUNTS
INVESTMENT AGENCIES
In an investment management agency account your assets remain in your control and we act as your agent to invest the assets or assist you to invest the assets. You can direct Texas Bank to make certain investments, restrict us to certain types of investments, or allow us to manage your account for you.
CASH MANAGEMENT ACCOUNTS
Texas Bank maintains liquidity in your account to your desired amount. All liquidity is maintained in a money market availability. Whether your account is fully liquid or only partially liquid, all cash is earning income at all times.
INVESTMENT MANAGEMENT, RESEARCH, AND INFORMATION
An account with the Texas Bank Trust Department will allow you access to the wide range of investment and investment styles available.
We generally offer investment in bonds, stocks, and mutual funds at lower or no cost for investing. We generally purchase investments as an institutional investor rather than a retail customer saving our clients commissions on stocks and bonds as well as loads and fees associated with mutual funds.
We can provide investment consultation, research, and information concerning your assets to assist you in making the investment decision which is right for you, your needs, and your tolerance.
OIL, GAS AND REAL ESTATE MANAGEMENT
Texas Bank provides management of Real Property assets such as Oil, Gas, and Minerals as well as Residential, Commercial and Agricultural Real Estate. These assets can be a major part of a person’s and family’s assets and must always be considered in planning, management, conservation and preservation of assets.
Non-Deposit Investments offered are:
•not FDIC Insured •not guaranteed by the Bank •may be subject to loss in value
