October 2024 Election Update: Navigating Market Impacts with Our Investment Insights
The 2024 election is just around the corner, and with it comes a range of policy proposals that could significantly impact the markets. At Legacy Private Trust Company, we’re closely monitoring these developments to help you stay informed. Below, we provide a brief overview of what our investment team discussed in our recent Election Update, […]
Generation-Skipping Trusts: A Strategy for Wealth Preservation Across Generations
For families managing significant wealth, safeguarding assets for future generations while minimizing tax liabilities is paramount. A powerful tool to achieve this is the Generation-Skipping Trust (GST), which allows families to pass wealth to grandchildren or younger beneficiaries, bypassing intermediate generations and reducing the tax burden. Leveraging the 2024 GST Tax Exemption The 2024 federal […]