DAFs vs. Private Foundations
Is there a “best” way to give? “When I speak with a client about charitable giving, the most common question is whether they should create a private foundation or use a donor-advised fund,” says Ashley Fontanetta, Senior Vice President, Client Advisor at Whittier Trust. “Unfortunately, there’s no quick and easy answer except this: It depends on your […]
The Hard Work of Inheritance
Preparing for the Personal Process of Estate Settlement Boomers, Gen X, Millennials, and Gen Z: No matter where an individual sits on the family tree, they all need to be planning—together—for the inevitable death of a family member. When an individual loses a parent, sibling, or child, there are so many emotions at play. Few […]
Robert Levy Named Director of Investments at Whittier Trust
Whittier Trust, the oldest multi-family office headquartered on the West Coast, is proud to announce that Robert L. Levy has been elevated to the role of Director of Investments for Whittier Trust Company of Nevada, Inc., as a reflection of his continued dedication and contributions to the firm. In this new role, Robert helps oversee the company’s investment strategy, […]
Whittier Trust Elevates Brittany Renna to Vice President
Whittier Trust, the oldest multi-family office headquartered on the West Coast, is pleased to announce the promotion of Brittany Renna, CFP®, APMA®, CTFA®, to the role of Vice President, Client Advisor, with the firm’s Newport Beach office. In her new role, Brittany will deliver a holistic and customized approach to managing clients’ wealth and estates, […]
Nasdaq Weekly Guest Spotlight: Sandip Bhagat
Whittier Trust Chief Investment Officer, Sandip Bhagat, was recently featured in the Nasdaq Trade Talks Weekly Guest Spotlight. His professional insights and analysis of the current state of the U.S. Market were provided in an Interview format: Coming into this year, there was speculation of a potential recession. Why do you think the economy has been […]
Don’t Wait For The Sunset
The November election will impact whether the 2017 Tax Cuts and Jobs Act expires as scheduled, but the time to act is now. Ultra-high-net-worth individuals (UHNWIs) are anticipating the sunset of the 2017 Tax Cuts and Jobs Act (TCJA), which is set to expire at the end of next year. The TCJA was enacted to address […]
Tax Alert: Washington Capital Gains Tax Update
Washington State’s New “Excise” Tax A Google search today for “states without an individual income tax” will yield numerous articles on where to retire and will invariably list the following nine states: Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington and Wyoming. Well, as of 2023, some high-net worth taxpayers might argue that […]
Maximizing Your Legacy: A Look At Minimizing Estate Tax Liabilities
The specter of estate taxes can loom large for ultra-high-net-worth individuals. For those with an estate in excess of $13.61 million (or couples with a combined estate in excess of $27.22 million) in 2024, this tax can significantly reduce the amount of wealth passed on to heirs, making it crucial for families to take proactive steps in […]
Life, Death, and Taxes
Strategic preparation helps ensure your family won’t be caught off-guard. Benjamin Franklin knew a thing or two about many topics, including, as it turns out, estate planning. As he famously warned, In this world nothing can be said to be certain, except death and taxes. If you’ve diversified your investments, stayed up to date on insurance coverage, […]
Whittier Trust Office Recognized as the #12 Best Place to Work in Los Angeles
Whittier Trust Celebrates Third Consecutive Year on the Los Angeles Business Journal’s Top 100 Workplaces List. For the third year in a row, Whittier Trust has been named one of L.A.’s 100 Best Workplaces by the Los Angeles Business Journal. Whittier Trust was proud to be recognized at the 18th Annual Best Places to Work Awards […]