It’s not uncommon for an estate plan to contain multiple trusts. They can enable you to hold assets for and transfer them to beneficiaries, avoid probate, and possibly reduce estate tax exposure. When drafting a trust, you must appoint a
We are pleased to welcome two outstanding professionals to the Legacy Private Trust Company team! Kristine L. Groell brings a dynamic background in business development, data analytics, and educational leadership to her role as Corporate Support Services Associate at Legacy
U.S. credit rating lowered by Moody’s—but Treasury securities continue to be a safe haven. Learn what the downgrade means for the markets and your portfolio.
Members of the sandwich generation — those who find themselves simultaneously caring for aging parents while supporting their own children — face unique financial and emotional pressures. One critical yet often overlooked task amid this juggling act is estate planning.
To share wealth with grandchildren, great-grandchildren or other remote generations, special planning may be required to keep generation-skipping transfer (GST) taxes to a minimum.
Legacy Private Trust Company is pleased to announce the addition of Jason Buol, CFA®, as Vice President, Senior Trust Investment Officer. With over 20 years of experience in investment management, macroeconomic research, and client advisory services, Jason will play a
The economy is grappling with multiple shocks, prompting economists to revise their outlook on growth, inflation, unemployment, monetary policy, and financial markets. The silver lining is that the economy was in robust shape before these shocks, with low unemployment, retreating
We are pleased to welcome Nikki A. Matula to Legacy Private Trust Company as our new Estate Settlement Coordinator.
By Connor R. O’Brien, CFA® While economists and market prognosticators attempt to forecast whether or not trade policy out of Washington DC will push the economy into a recession, we think investors should be asking a different question – should
The transition of wealth from one generation to the next is one of the most significant financial events for a family. For young adults preparing to inherit assets—or those receiving gifts that accelerate their financial journey—the experience can be both
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