According to the United Nations, by the year 2050 more than 20% of the world’s population will be 60 years of age or older. Recognizing this increase in the aging population, coupled with individuals living longer, it is the mission…
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…
By Greg Berg, CFA, CAIA - Senior Vice President & Senior Portfolio Manager After an extraordinary advance in the S&P 500 of nearly 60% from the low in February 2016, which included gains of 21% in 2017 and 6% in…
The Internal Revenue Service announced on October 19, 2017 cost of living adjustments affecting dollar limitations for pension plans and other retirement-related items for tax year 2018. The contribution limit for employees who participate in 401(k), 403(b), most 457 plans,…
By J. Bryan Allee, J.D. - Vice President & Chief Fiduciary Officer 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…
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…
By Jill Dobbs, CFP®, Vice President & Wealth Management Advisor Communicating with your grandchildren can be tough these days. They may live miles away and you may only get to see them a few times a year. Even if they…