A professionally managed portfolio designed specifically to meet each of your individual objectives provides you with focused, financial solutions. Our independence and asset-based fee structure allow us to objectively recommend a financial strategy for our clients.
We conduct all portfolio planning and investing locally, giving you direct access to the decision makers. In addition to having fewer cost layers, Colonial's system provides us with a clear understanding of both the portfolio planning and investment management processes.
Establishing a trust can be beneficial to you and your loved ones both during your lifetime and after. There are often special advantages in establishing a trust that can protect assets and provide financial security. Asset protection, financial stability, control, tax reduction and deferral, funding of charitable causes, and estate planning are valuable benefits of various trust solutions.
Colonial Trust provides the services of a large bank trust department with the personal touch of an independent private trust company. Colonial Trust can be named as Trustee or Co-trustee to ensure appropriate administration and management. Where the client may be the initial Trustee, Colonial can be named Successor Trustee to step in if or when a need arises due to death or disability. Colonial can also serve as Trustee of Irrevocable Life Insurance Trusts (ILITs) and other trusts created for estate planning strategies.
Colonial Trust Company offers counseling in structuring an estate plan that safeguards assets during lifetime and efficiently transfers those assets thereafter. Although we offer strategic advice with respect to tax, legal, and accounting issues affecting trusts and estates, we do not draft wills, trust agreements or other documents. We work with our clients’ other trusted advisors, including attorneys and accountants.
Colonial Trust also can serve as Personal Representative for our clients’ estates. This would include the systematic inventory and marshalling of assets as required by the Probate Court and transferring them to the client’s beneficiaries. We can be named as Personal Representative or Co-Personal Representative in a will, or we can provide our services to the individual who is the named Personal Representative. Our service is comprehensive, highly confidential, and customized.
Colonial also has expertise in managing physical assets, such as art, antiques, cars, planes, livestock, and commercial real estate.
•Professional Portfolio Management
•Trustee of Testamentary Trusts
•Estate Tax Planning
•Personal Representative of Estates
•Trustee under Living Trust Agreements
•Trustee of Charitable Trusts
•Qualified Intermediary for 1031 Exchanges
We can conduct an independent audit of an existing corporate retirement plan or evaluate the needs of a business owner who does not have a plan. In both cases, Colonial focuses on the design, investments, costs, and fiduciary issues. The objectives of the business owners, whether they are sheltering income or providing benefits to employees, will determine the appropriate plan design. From there, we provide investment advisory services that include investment evaluation and recommendation, monitoring, and employee communications.