The Sandwich Generation, Part II: Protecting Your Children’s Financial Future
There are a number of challenges parents in the sandwich generation face when helping with the financial decisions of their adult children.
TLDR: Millennials & Gen Z Money Trends
Don’t be discouraged by every acronym used by the next generation. We can help you understand their values, how to approach them about future wealth planning, and the latest money trends they’re following.
The College Conundrum: Saving for Higher Education Costs
Chances are, you have a child or grandchild who will be attending college in the near future. Along with bright hopes for the next chapter comes a common concern: how will the costs of post-secondary education be paid?
When Order Matters
Effective investment strategies tailored to various life stages help ensure you mitigate the impact of sequence-of-returns risk. Safeguard your portfolio and financial well-being effectively during the transition from wealth accumulation to retirement.
Residency and Domicile: Some 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.
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…
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.