As we approach retirement, deciding to remain in our long-time homes or transition to a continuing care community becomes a pivotal consideration. This choice shapes our lifestyle and influences daily interactions and independence. At Legacy Private Trust Company, we understand
For investors keen on supporting charitable causes while optimizing tax benefits, donating stock instead of cash offers a powerful strategy. By contributing appreciated securities to a qualified charity, you can deduct the full fair market value of the donated stock
When envisioning a prosperous retirement, investors traditionally emphasize building diversified portfolios consisting of stocks, bonds, and mutual funds. However, a substantial asset class is often overlooked: real estate, particularly the home you own and live in. With real estate markets
Recognizing the crucial role of data in contemporary society, the investment team at Legacy has adopted a graphical approach for rapid and efficient information conveyance. Utilizing charts and graphs, we can represent large data sets, illustrate trends and changes over
As retirement approaches, many Americans picture a tranquil life in a dream home that perfectly suits their needs and desires. A study by Merrill Lynch reveals that 64% of American seniors relocate at least once after retiring, with approximately half
As you contemplate charitable giving, it’s essential to approach this endeavor thoughtfully, given its potential impact on others. Here are four key points to guide your charitable giving strategy: Thoughtfully planning your charitable giving can create stronger communities and a
A recent survey by the Nationwide Retirement Institute has unveiled a concerning surge in anxiety about the future among individuals in the final decades of their careers. Shockingly, 69% of respondents aged 55-65 now believe that retiring at 65 is
For many younger adults, the dream of homeownership is often overshadowed by the looming challenges of student loan debt. The burden of educational expenses can create a significant hurdle on the journey to owning a home. However, the good news
For economists and policymakers, waiting for inflation to subside is like waiting for Godot. But that time may finally have arrived, as the consumer price index rose less than expected in April while the less-volatile “core” consumer price index dropped
Estate planning often revolves around ensuring that your assets are distributed according to your wishes upon your passing. A crucial aspect of this planning involves the definitions used in legal documents such as wills and trusts, particularly the definition of
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