What Does It Mean To Be A Fiduciary?

November 2nd, 2017  | by James Ramsey & William Spitz

As a trust company, our daily lives revolve around serving as a fiduciary for our clients, so all of our associates are well versed in the duties and responsibilities.  But we are aware that many of our clients also serve in fiduciary roles.  Even if not serving as a fiduciary in a legal sense, it can…

Read More

Social Security – Timing is Everything

October 31st, 2017  | by Kim Garcia

While Social Security is not the primary source of retirement income for most Americans, it can serve as an inflation-protected annuity during retirement years. As such, it is important to understand the rules surrounding eligibility and the timing of initiation of benefits.  Prior to the passage of the Bipartisan Budget Act of 2015, married couples…

Read More

Richard Thaler Awarded Nobel Prize in Economics

October 9th, 2017  | by Betsy Wills

We are so pleased with this morning’s  announcement that Richard H. Thaler has been awarded the Nobel Prize in economics.  His work has centered around the incorporation of the human element in economic models.  He wrestles with questions such as “Why don’t people save enough for retirement?” and also co-authored with Cass R. Sunstein the global bestseller “NUDGE” available on Amazon.com. Our own Bill Spitz…

Read More

“Passive” Investing is NOT Passive

September 22nd, 2017  | by Andrew Berg

In 1976, John Bogle established the first passive index fund (what is now the Vanguard 500 Index Fund). Decades later, the concept of “passive investing” and the utilization of index funds is dominating headlines and gaining momentum amongst investors more than ever before.  Mutual funds, exchange traded funds (“ETFs”), and exchange traded notes (“ETNs”) that…

Read More

Estate Planning for Family-Owned Farmland

September 21st, 2017  | by James Gilliland

Family farms, particularly in the Southeastern and Midwestern United States, are often maintained for generations. In many cases, these are one of or the dominant asset in the family. Family-owned farms and associated timberland are also a tradition for many private investors, which can be used for both commercial and recreational purposes. As the number of…

Read More