Trust Services

Independent advice for Personal Trust and Retirement Planning.


Our experienced Trust Department provides a high level of expertise as both a trustee and investment manager. Our clients benefit from the personal one-on-one attention that is often lacking in very large organizations. And you may be surprised how reasonable the costs are when you work with us.
Planning for retirement doesn’t have to be overwhelming. Our Trust Department can help you get started with sensible, effective investment strategies aimed at growing your assets leading up to retirement and more income-oriented strategies when you get there.

Here are some frequently asked questions (FAQs) we receive:
Yes we can. GSB provides free consultation regarding wills, estate planning, revocable living trusts as well as special needs trusts.
Contrary to what you may think, a trust can be very beneficial for people who are not “rich”.
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.
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.
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.
Conventional wisdom says you’ll spend 70-80% of your pre-retirement income each year. That may hold true for some but many people actually spend more money in retirement on travel and health-care, especially in the early years of retirement, despite work-related expenses disappearing.
Don’t panic. Many people do the same because they either misunderstand the risks involved or lack the discipline to stick to a sound plan. That’s not uncommon. GSB portfolio managers go to great lengths to understand each individual’s financial needs and risk tolerance. Then we help you stay the course which is a key to long-term success.
We have to analyze each situation separately but generally we advise to roll your 401(k) balance into an IRA. This can often be more cost-effective and flexible, providing a greater range of investment choices.
We have to analyze each situation separately but generally we advise to roll your 401(k) balance into an IRA. This can often be more cost-effective and flexible, providing a greater range of investment choices.
 
 
 
For more information contact:
Scott Limper
Senior Executive Vice President
847-832-0959

Picture of Scott Limper