Trust Administration Services
We understand one of the most important pieces of life is the legacy you leave behind. Cypress Bank & Trust helps guide you and your family through this journey to see your legacy continue exactly as you would have it.
Our Fiduciary Roles
PROVIDING PEACE OF MIND
SUCCESSOR TRUSTEE, TRUSTEE, OR CO-TRUSTEE
Cypress administers Revocable and Irrevocable Trusts impartially for beneficiaries. As Successor Trustee, we step in when the current trustee can no longer serve, ensuring seamless management throughout life and for future generations.
ADMINISTRATIVE TRUSTEE OF A DIRECTED OR DELEGATED TRUST
As Trustee of your directed or delegated trust, we handle all trust administration, while your investments remain with your personal financial advisor, allowing you or your family to maintain your established relationship.
AGENT FOR PERSONAL REPRESENTATIVE
As an agent for Personal Representatives, Cypress handles estate management tasks such as asset collection, debt payments, property distribution to heirs, and coordinating the estate in legal proceedings.
TRUSTEE FOR CHARITABLE TRUSTS
As your trustee, we will ensure that your charitable trust carries out the philanthropic goals and purposes it was designed for while providing tax benefits to you and your beneficiaries.
TRUSTEE FOR SPECIAL NEEDS & DISABILITY TRUSTS
As Trustee of a Special Needs Trust, we work with Attorneys, Care Managers, and other professionals to ensure our beneficiaries have all the support and services they need.
PERSONAL REPRESENTATIVE OR EXECUTOR OF ESTATE
Cypress oversees your estate as a personal representative, ensuring all assets are collected, valued, and distributed according to your wishes.
PORTFOLIO MANAGER
When Cypress is your portfolio manager, we will manage your investments with a customized financial strategy designed to meet your goals.
Planning Your Legacy
WITH CONFIDENCE
As your Corporate Trustee, Cypress Bank & Trust is committed to protecting and preserving your legacy. In our fiduciary role, we provide expert management and ensure your wishes are carried out as you intended. Trust our experienced team to safeguard your legacy and provide peace of mind for you and your beneficiaries.
Our Clients' Stories
TESTIMONIALS
Julie Shipley, Owner of The Soup Shop
Chris Mazzarella, Owner of Mazzarella Automotive
Trust and Portfolio Management services offered by Cypress Bank & Trust are not insured by the FDIC, are not deposits, are not guaranteed, and are subject to investment risks, including the possible loss of the principal invested.
Frequently Asked Questions
FAQ
What is a Fiduciary?
What is a Corporate Trustee?
Why choose Cypress as Your Corporate Trustee?
Navigating the intricate world of trust administration demands expertise. Cypress encompasses decades of wealth management and trust administration experience, knowledge, and objectivity to make fiduciary decisions. Our team approach means your intentions and goals are carried through as documented in your Trust.
We encourage you to get to know us. We work with you to gain a deep, hands-on understanding of your life, family, and goals and utilize our experience to manage assets, and refine strategies. Our relationship today gives you peace of mind for your financial legacy tomorrow.
How does Cypress handle trust and estate administration?
At Cypress Bank & Trust, we expertly manage the administration of trusts and estates, ensuring all assets, distributions, and filings are handled with care and precision. Our responsibilities include:
- Understanding governing laws and the intentions of the trust or estate
- Identifying, collecting, and valuing assets
- Providing regular accountings to grantors or beneficiaries
- Making required or discretionary distributions to beneficiaries
Cypress ensures your trust and estate are managed according to your wishes and in the best interests of all involved.
Can Cypress help with accounting, taxes, and bills for trusts?
At Cypress Bank & Trust, we take our fiduciary duty seriously and manage trust finances with care and precision. Our responsibilities include:
- Managing all trust assets, including investments, real estate, and businesses
- Keeping accurate records of all transactions
- Communicating regularly with beneficiaries
- Ensuring taxes are filed, paid, and optimized for compliance and efficiency
- Distributing assets according to the trust’s terms
- Handling legal and administrative duties, including conflict resolution if needed
We ensure your trust is managed responsibly and transparently, always in the best interests of the beneficiaries.
