For many high-net-worth and ultra-high-net-worth individuals, legacy planning goes beyond asset transfer. It’s about creating a lasting impact—one that reflects deeply held values and shapes the future in meaningful ways. Gifting, as part of an overall wealth transfer...
Estate planning can be complex, but every piece plays a role in protecting your clients’ legacy. While a trust serves as the legal foundation for preserving wealth, a grantor’s letter of intent adds personal insight that can guide loved ones long after your client is...
American retirees are expected to transfer more than $36 trillion to families, friends, nonprofits, and other beneficiaries over the next 30 years. Many individuals understand the importance of estate planning in creating future opportunities for their wealth...
Few things create more emotional turmoil than losing a loved one. Yet, only 34% of Americans have established estate plans. A lack of planning during life can leave families—while grappling with grief—navigating potential conflicts, the probate system, inheritance...
Working with a trustee to administer a trust and preserve family wealth should be a streamlined process; however, that’s not always the case. From large, impersonal corporate banks to an inexperienced individual, the wrong trustee can make trust administration...
When and Why to Change Trustees: A Guide for Financial Advisors Choosing the right trustee is a crucial decision that can impact the success of one’s trust administration. When drafting trusts and estate planning documents, grantors have the choice of an individual...
