Empowering Business Growth: Leveraging Tax Credits for Workforce Diversity and Community Impact
Tax credits play a pivotal role in the landscape of entrepreneurship, particularly for small business owners who consider their employees to be invaluable assets that are central to the organization’s success and cultural fabric. The pursuit of workforce diversity and inclusion goes beyond merely adhering to ethical standards; it significantly enriches community dynamics and enhances […]
Safeguarding Inheritances With Spendthrift Trusts: Effective Strategies for Concerned Parents
For parents who have painstakingly accumulated substantial assets, such as a real estate portfolio, the challenge often lies in ensuring that their children manage their inheritances responsibly. This concern is particularly acute when an heir has shown a tendency towards financial imprudence or unfruitful entrepreneurial ventures. In such scenarios, a spendthrift trust becomes a crucial […]
How to Winterize Your Finances: A Year-End Checklist for Financial Security
As we approach the end of 2023, we must prepare for the upcoming year by securing our financial health. The experts at Legacy Private Trust Company have compiled a comprehensive checklist for year-end financial planning, ensuring you enter the new year with a robust and well-informed financial strategy. This guide focuses on critical areas to […]