Loading...

Checklist for a Smooth Estate Transition

Not long ago, during an estate plan review for a prospective Whittier Trust client, the firm’s representatives discovered an important issue. The potential client’s child from his first marriage was set up to take over his business — in which he’d given his second wife voting control.

2019-06-26T21:53:08+00:00

Why Choose a Family Office?

As a family starts to amass wealth, its matriarch or patriarch typically controls its assets and makes the decisions. Things are still simple. With time, they get more complex. So the family head will enlist investment, legal, tax and other advisors.

2019-06-13T22:04:59+00:00

The Nevada Advantage: Seven Key Advantages of a Nevada-Based Trust

Nevada is fast-becoming the state of choice for high-net-worth individuals and families seeking greater flexibility, optimal tax savings and maximum protection in their financial and estate planning. Nevada has grown to become one of the most “trust friendly” states in the country and challenging Delaware in popularity as a trust situs.

2019-05-20T16:48:20+00:00

Let’s Talk About Nevada

Let’s Talk About Nevada. Thirteen. Ten. Five. That’s not the start of a riddle, but a sampling of some of the West Coast’s state tax brackets. Government coffers are really filling up with an increasing portion of your hard-earned dollars.

2018-08-08T17:55:44+00:00

Commitment. Communication. Concern. Our Recipe for Building Trust.

Commitment. Communication. Concern. Our Recipe for Building Trust. Warren Buffet says, "It takes 20 years to build a reputation and five minutes to ruin it." For anyone who's had their trust breached by a family member, confidant, or business partner, you know this all too well. Commitment. Communication. Concern. Our Recipe for Building Trust. Warren Buffet says, "It takes 20 years to build a reputation and five minutes to ruin it." For anyone who's had their trust breached by a family member, confidant, or business partner, you know this all too well.

2018-07-17T23:52:18+00:00

Helping Our Kids Help Themselves

“The object of teaching a child is to enable him to get along without a teacher.” -Elbert Hubbard No child is born understanding how and why they need to be a good steward of their finances and wealth. Especially as a member of an affluent family children face those issues front and center as they grow older.

2018-05-09T19:41:04+00:00