After lingering pandemic issues, rising inflation, the war in Ukraine, China lock downs, and unclogged supply-chain bottlenecks, the S&P 500 was knocked down hard last year, but don’t count it out. History suggests that the stock market could be getting…
Resiliency From Websters Dictionary: Resilience (noun) re·sil·ience ri-ˈzil-yən(t)s1: the capability of a strained body to recover its size and shape after deformation caused especially by compressive stress2: an ability to recover from or adjust easily to misfortune or change Covid…
It may be difficult for some to explain when a person mentions the word, Trust. Most people are familiar with the phrase “trust fund” but cannot explain it. As a former estate planning attorney turned Trust Officer, two worlds collide,…
Elder financial exploitation is the most common and least understood form of elder abuse. Billions of dollars annually are stolen or unlawfully converted from elders and vulnerable adults. It is critical to timely prevent, detect, and report any suspected financial…
I recently read two articles about employers talking about renewed interest in changing plan design or reopening Defined Benefit Plans that were previously closed or frozen. Employers realize the financial difficulties workers face and are looking to enhance retirement and…
What is a charitable remainder trust? A charitable remainder trust, or otherwise known as a CRT, is an estate planning technique that allows an individual to achieve their philanthropic goals, it can provide you with a source of income during…
There was a recent Wall Street Journal article about a new bipartisan Senate bill being introduced that would give the Commodity Futures Trading Commission (CTFC) oversight of Bitcoin and other cryptocurrencies rather than the Securities and Exchange Commission (SEC). Personally,…
In 1970, Simon & Garfunkel’s “Bridge Over Troubled Water” topped Billboard’s Hot 100 chart. 52 years later, many investors are weary as portfolios are feeling small following the worst first half year for U.S. stocks since 1970. This year, the…
On July 9th, 1997 the Delaware Qualified Disposition Act was enacted. This Act was created to provide asset protection for self-settled Trusts created through Delaware law. A self-settled Trust is a Trust where the person who created and funded the…
One of the biggest concerns of wealthy families is when and how to tell beneficiaries – typically children – about the wealth and what it represents. Many families feel that children or even younger generations are not ready to comprehend…