Family Business Succession: Surviving the Transition
It's important to be prepared if you want your family business to survive the passing of generations.
Teaching Financial Literacy to Your Children
Regardless of the age of your children, the first step in educating them about finances is communicating what money means to you.
Time for a Family Meeting
Although it has often been regarded as an unspeakable topic, it is important to talk to your family, especially your adult children, about finances before you are gone.
The “Why” of my Inheritance
What you leave behind for your family and friends to treasure is important. However, the reason behind the heirloom may be even more important.
A Backup for Your Digital Lifestyle
By Gloria Johnson, Trust Administrator In a desire to eliminate paper clutter, do you have bills and statements come to you online? It is wonderful when you have less paperwork to sort through, file, or dispose of, but what if…
I Have a Will, Why do I Need a Trust?
By Jill Dobbs, CFP® - Vice President & Wealth Management Advisor Many people often ask, “I have a will, do I need a trust?” The answer can be complicated, but for many people, the desire to avoid probate necessitates doing some…
Estate Planning for Vacation Homes
By Peter Harris, CFP® - Vice President & Portfolio Manager As the fall arrives, you may very well be winding down the season at your beloved vacation home. For others, you may find yourself not using a vacation home…
What’s The Password Again? Planning for Digital Estates
One important new aspect of estate planning concerns “digital assets,” a form of property that only recently has come into existence. Simply stated, digital assets are electronic ones and zeros; that is, information inscribed on a tangible medium or stored…
Debt After Death: Don’t Fear the Reaper
By J. Bryan Allee, J.D. - Vice President & Relationship Manager According to a study in 2016, the average U.S. household carries $16,748 in credit card debt, $28,948 in auto loans, and $176,222 in mortgage debt. Total consumer debt…
Revocable Trusts Are Still Relevant
By Trenny Garrett, J.D. - Senior Vice President & Relationship Manager Since the estate tax exemption was raised a few years ago to over $5 million per person and indexed for inflation, many people think that revocable living trusts…
