Residency and Domicile Important Considerations
Understand the differences between residency and domicile and their implications for tax planning. Explore a case study and learn key actions to establish domicile for potential tax benefits.
Market Memo | March 2024
For the month of February, Cupid’s arrow certainly wasn’t needed to help investors fall in love with the stock market. There are a variety of factors pushing the US stock market higher, including growing GDP, low employment, and an uptick in manufacturing to name a few.
Declaration of Domicile
A Declaration of Domicile is a formal and legal statement through which individuals declare their official residence or domicile in a specific area. By doing so, they affirm that they consider this place their permanent home and express their intent…
Market Memo | February 2024
With the geopolitical tensions in the world and an upcoming election, the market continues to be influenced by rate cut expectations more than anything else.
How the Oil Market Affects Us Every Day | Central Trust
Oil makes the world go around, or at least helps vehicles that go around the world. The oil market has always been as volatile as it has been important to economies across the globe.
Paying for Skilled Nursing Care | Central Trust
Given the jaw-dropping costs of long-term care and the odds of needing it at some point in life, many people are left wondering how they will pay for the medical treatment and assistance with the activities of daily living they may require in their later years.
Six Months & A Day Rule
The "six months and a day rule" or "183-day rule" generally refers to a taxation principle related to the residency status of individuals in a particular area. The specific details of the rule can vary from one location to another,…
AI Revolutionizing the Landscape of Investing | Central Trust
Explore the transformative impact of Artificial Intelligence (AI) on investing and how it can be a valuable tool for informed decision-making.
The Sandwich Generation, Part I: Protecting Your Parents’ Financial Future
Discover helpful strategies “sandwich-ers” can utilize when providing assistance and guidance to those they care about, while also balancing and protecting their own financial nest eggs in this two-part series.
Market Memo | November 2023
November gave investors reasons to give thanks. Now they are left wondering if Santa came early this year, or if there are gifts still to be delivered.