ASK A TRUST OFFICER | A Video Series to Answer Your Questions About Trust & Estate Planning
RECENT TRUST & ESTATE PLANNING INSIGHTS | Helping Provide a Deeper Understanding
While Grantor Retained Annuity Trusts (GRAT) can seem complex to some, they can really be simple when broken down. Because GRATs have the potential to provide significant tax benefits when interest rates are low, today’s interest rate environment may provide a good opportunity.
Incapacity can befall anyone at any time. The best way to protect your family and assets in the event that disability strikes is to take the necessary steps when there is no doubt that you are fully capable of acting on your own behalf.
The rules regarding withdrawals from inherited IRAs dramatically changed for IRA beneficiaries with the SECURE Act, passed just before 2020.
A common estate plan might provide that upon your death, your assets will be distributed to your children. While that has the benefit of being simple, there can be risks.
Our May/June 2021 Estate Planning Report is now available! Included is the feature article "DAF Notes". Also featured are Cases & Rulings and Washington Talk, a discussion of hot topics in the nation's capital.
When was the last time you reviewed your estate plan? If you haven’t reviewed your plan since the day you originally signed documents at your attorney’s office, you’re not alone.
You’ve worked hard to accumulate an estate that you hope to pass onto your children, but have you talked to them about it?
The SECURE Act was intended to expand opportunities for taxpayers to save for retirement and to simplify administration for retirement accounts. It has resulted in unique challenges and planning opportunities in the estate planning arena.
What’s unique about working with Central Trust Company is that we can advise you about our many service offerings outside of just the investment realm.
It's important to be prepared if you want your family business to survive the passing of generations.
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.
What you leave behind for your family and friends to treasure is important. However, the reason behind the heirloom may be even more important.
In a desire to eliminate paper clutter, do you have bills and statements come to…
By J. Bryan Allee, J.D. - Vice President & Chief Fiduciary Officer According to…
By Trenny Garrett, J.D. - Senior Vice President & Relationship Manager Since the estate…
By Jill Dobbs, CFP®, Vice President & Wealth Management Advisor Communicating with your grandchildren can…
Is a trust or outright inheritance right for your family? Explore essential estate planning strategies, protect your assets, and secure your heirs’ futures.
Secure your family's farmland with trusts, gifting strategies, and tax-efficient estate planning to preserve your legacy for future generations.
Preserve cherished family vacation spots with a solid estate plan. Discover key strategies for ownership structures, heir management, and location-specific laws.
Explore tips for discussing inheritance, succession planning, and financial goals with respect and transparency during holiday gatherings.
Placing your home in a trust can help you avoid probate, ensure privacy, protect against incapacity, and optimize tax strategies for long-term peace of mind.
In today’s digital world, almost everyone has online accounts. Have you thought about what will happen to these assets when you're gone?
Ensure your estate plan addresses every detail, including your personal belongings. This guide outlines the pros and cons of various methods for managing assets like household goods, jewelry, and collectibles.
Uncover the modern role of prenuptial agreements in financial planning and estate management. See how these agreements foster transparency, protect assets, and promote financial harmony in marriage.
Secure your family's future with tailored estate planning. Trusts, wills, and durable powers of attorney are essential for protecting your loved ones and addressing unique challenges.
Many individuals believe that estate planning is only for the very wealthy and required to save on estate taxes. However, an estate plan can be so much more.
Explore the essential vocabulary of trusts, including the roles of trustees and beneficiaries, and the differences between revocable and irrevocable trusts.
Find out how top executives navigate complex financial landscapes, from estate planning to retirement. Ensure a seamless transition into retirement with an integrated approach and a team of advisors focused on your best interests.
When a family owns land, it can mean many things to different members of the family. Working with a team of professionals to plan for your estate is an important decision to reach the desired outcome for your legacy property.
Women are a large part of the workforce. They are often times directly involved in their households’ investment and financial decisions.
Probate can be public, time consuming, and expensive. But, it can also be easily avoided when the proper steps are taken.
While Grantor Retained Annuity Trusts (GRAT) can seem complex to some, they can really be simple when broken down. Because GRATs have the potential to provide significant tax benefits when interest rates are low, today’s interest rate environment may provide a good opportunity.
Incapacity can befall anyone at any time. The best way to protect your family and assets in the event that disability strikes is to take the necessary steps when there is no doubt that you are fully capable of acting on your own behalf.
The rules regarding withdrawals from inherited IRAs dramatically changed for IRA beneficiaries with the SECURE Act, passed just before 2020.
A common estate plan might provide that upon your death, your assets will be distributed to your children. While that has the benefit of being simple, there can be risks.
Our May/June 2021 Estate Planning Report is now available! Included is the feature article "DAF Notes". Also featured are Cases & Rulings and Washington Talk, a discussion of hot topics in the nation's capital.
When was the last time you reviewed your estate plan? If you haven’t reviewed your plan since the day you originally signed documents at your attorney’s office, you’re not alone.
You’ve worked hard to accumulate an estate that you hope to pass onto your children, but have you talked to them about it?
The SECURE Act was intended to expand opportunities for taxpayers to save for retirement and to simplify administration for retirement accounts. It has resulted in unique challenges and planning opportunities in the estate planning arena.
What’s unique about working with Central Trust Company is that we can advise you about our many service offerings outside of just the investment realm.
It's important to be prepared if you want your family business to survive the passing of generations.
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.
What you leave behind for your family and friends to treasure is important. However, the reason behind the heirloom may be even more important.
In a desire to eliminate paper clutter, do you have bills and statements come to…
By J. Bryan Allee, J.D. - Vice President & Chief Fiduciary Officer According to…
By Trenny Garrett, J.D. - Senior Vice President & Relationship Manager Since the estate…
By Jill Dobbs, CFP®, Vice President & Wealth Management Advisor Communicating with your grandchildren can…
Is a trust or outright inheritance right for your family? Explore essential estate planning strategies, protect your assets, and secure your heirs’ futures.
Secure your family's farmland with trusts, gifting strategies, and tax-efficient estate planning to preserve your legacy for future generations.
Preserve cherished family vacation spots with a solid estate plan. Discover key strategies for ownership structures, heir management, and location-specific laws.
Explore tips for discussing inheritance, succession planning, and financial goals with respect and transparency during holiday gatherings.
Placing your home in a trust can help you avoid probate, ensure privacy, protect against incapacity, and optimize tax strategies for long-term peace of mind.
In today’s digital world, almost everyone has online accounts. Have you thought about what will happen to these assets when you're gone?
Ensure your estate plan addresses every detail, including your personal belongings. This guide outlines the pros and cons of various methods for managing assets like household goods, jewelry, and collectibles.
Uncover the modern role of prenuptial agreements in financial planning and estate management. See how these agreements foster transparency, protect assets, and promote financial harmony in marriage.
Secure your family's future with tailored estate planning. Trusts, wills, and durable powers of attorney are essential for protecting your loved ones and addressing unique challenges.
Many individuals believe that estate planning is only for the very wealthy and required to save on estate taxes. However, an estate plan can be so much more.
Explore the essential vocabulary of trusts, including the roles of trustees and beneficiaries, and the differences between revocable and irrevocable trusts.
Find out how top executives navigate complex financial landscapes, from estate planning to retirement. Ensure a seamless transition into retirement with an integrated approach and a team of advisors focused on your best interests.
When a family owns land, it can mean many things to different members of the family. Working with a team of professionals to plan for your estate is an important decision to reach the desired outcome for your legacy property.
Women are a large part of the workforce. They are often times directly involved in their households’ investment and financial decisions.
Probate can be public, time consuming, and expensive. But, it can also be easily avoided when the proper steps are taken.
While Grantor Retained Annuity Trusts (GRAT) can seem complex to some, they can really be simple when broken down. Because GRATs have the potential to provide significant tax benefits when interest rates are low, today’s interest rate environment may provide a good opportunity.