Trust Planning
Keep up with the latest developments in trust planning to help clients protect their assets for the benefit their heirs.
The UTC and ILITs: Is What You Read Really What You Get?
By Hugo A. TomasioImagine a client applying to a carrier for a million dollar life insurance policy. The client wants his or her policy to be owned by ...
September 01, 2007
After the Estate Plan . . .Don't you love it when a client follows your recommendations to the letter? Consider, for instance, the following common scenario: Taking your sage advice to heart,...
August 31, 2007
The trust factor, part 3: Sing like Sinatra, babyQuestion: Since the Good Life depends on possessing supreme trust, which great thinker tells us how to find it? Descarte ("To do is to be")? Voltaire ("To be is to do")? Frank Sinatra ("Do be do be do")? Answer: Ol' Blue Eyes, of course.
July 27, 2007
Cutting Through the NoiseI heard an advertisement recently for a financial services firm that went something like this, "Don't work for your 401(k); let your 401(k) work for...
July 02, 2007
Wilmington Trust Closes On Bingham LeggA wealth advisory firm has expanded its footprint in New England.Wilmington Trust Corp., Wilmington, Del., has closed on previously announced plans to acquire Bingham Legg ...
June 30, 2007
Keep unconscious bad habits in checkAs people who make decisions, we have to rely on competent outside resources to help us come to important decisions. The issues for which we need such services represent areas of life where we don't want to have to be "as good" as someone who
June 30, 2007
How competent are you?We've been discussing the various stages in helping to build trust and we've arrived at the next and last step, our third "C," competency. If you have completed the first four steps correctly, your competency will be accepted, unless you do
June 07, 2007
Independence and TrustPlease permit me to be a little reflective in this blog. Let's consider the phrase Life, Liberty, and the pursuit of Happiness. These are three...