Personal Trust Services
GSB’s Trust Department can serve as both a trustee and investment manager to their clients. Our experienced staff is here to provide a high level of expertise in each of these areas. Clients benefit from the personal one-on-one attention that is often lacking in very large organizations. And we do it at a very reasonable cost.
Here are some frequently asked questions (FAQs) we hear. Click on the question to see the answer.
- I’d like to learn more about estate planning. Can you help? What does it cost?
- Yes we can. GSB provides free consultation regarding wills, estate planning, revocable living trusts as well as special needs trusts.
- I’m not “wealthy”. Do I need a trust?
- Contrary to what you may think, a trust can be very beneficial for people who are not “rich”.
- Do I need a trust to take advantage of your investment management services?
- No. In fact many of our customers hire us solely for our investment management expertise. Customers turn to us for our independent, unbiased investment advice whether assets are being managed for their current use or growing them for retirement or the next generation.
- My spouse and I are drafting our wills and are considering naming our children as executors. What’s your advice?
- Serving as an executor is very time consuming and requires a level of expertise regarding filings, possible tax returns as well as legal and fiduciary responsibilities. Unless a family member has experience in these areas it’d be wise to consider a corporate fiduciary like GSB.
- Do you charge for being named a trustee even if you are not currently acting?
- No. In fact we often recommend GSB not be the current trustee unless the situation calls for it. Many of our clients have peace of mind knowing we are named as a successor in their estate plans and ready to step in should they die, become incapacitated or simply don’t want to bother any longer.
For more information contact:
- Scott Limper
- Exec. Vice President
- 800 Waukegan Road
- Glenview, IL 60025
*Sensitive customer information and/or account information should never be included via e-mail.