Blog and Quarterly Report

2019 Smart Year-End Financial Moves

If you’re searching for smart year-end financial moves to make, the following items may help you save money on this year’s taxes or get on track for a better 2020. The below are not in any order of importance, and … Continue reading

Trust Incentives and Restrictions: Making Sense for Heirs

Trust Incentives and Restrictions: What Makes Sense for Your Heirs? If you think about it, trust distributions are like taxes. But whereas taxes seek to guide your economic choices toward government goals by instituting greater or lesser penalties, trust distributions … Continue reading

How to Avoid Probate Delays and Costs by Making Smart Moves Now

Probate can be expensive and tedious. Properly titling assets and taking advantage of beneficiary designations help you avoid probate. Living trusts address more complicated situations. Most people are familiar with the concept of probate and likely recall having been told … Continue reading

Choosing a Trustee is More Than Just Finding Someone You Can Trust

You’ve worked hard to create your family trust. You hired a good attorney, funded the trust with your most important assets, and even carefully structured an investment portfolio to consider current and future beneficiaries’ needs. But now who is going … Continue reading

How You Can Avoid State Tax by Changing to a South Dakota Trust

People unfamiliar with trusts may mistakenly assume that trusts confer tax savings over what they would pay if they simply held assets in their own names. While this is almost certainly not the case—in fact, federal tax rates usually increase … Continue reading