Personal Trust Services
Established in 1997, the Trust Department of Gulf Coast Bank and Trust Co. offers a full
array of trust and investment services. Our trust accounts are administered locally,
ensuring personal, knowledgeable, service from a professional who is able to understand
your individual needs and assist you in achieving your personal financial objectives.
Trust and Estate Administration
With a living trust, you can enjoy your assets today, while providing financial support
and protection to your family or organization in the future. As trustee, Gulf Coast
Bank & Trust Co. holds, protects, and manages your assets with continuous, effective
administration and competitive investment results.
A testamentary trust, established in your will, takes effect at your death and may
reduce estate taxes, ensure that your beneficiaries are financially secure, or provide for
your favorite charity. We provide competent management of your assets on an ongoing
basis and can work with you and your tax advisors to help you incorporate this flexible
instrument into your will to protect the financial future of your heirs.
Serving as Executor of your will ensures the security of your estate assets and saves
a family member or friend from the complex administrative burden of settling your
Investment Agency/Custody Services
Each individual has unique needs and objectives for their investments. As Investment
Agent, we will work with you to design and manage an appropriate portfolio of stocks,
bonds and mutual funds that will achieve your specific objectives. As Custodian, we will
handle the safekeeping, record keeping, securities settlement, income collections and
tax reporting, while you maintain full control over investment decisions.
1031 Exchange Services
A 1031 Tax Deferred Exchange, authorized by Section 1031 of the Internal Revenue Code, is a method that allows a property owner to trade one investment property for another without incurring capital gains taxes on the transaction. Gulf Coast Bank & Trust Co. has partnered with a local Qualified Intermediary to offer this service to our clients.
to visit our Business Banking Trust Services page.