How 529 Plans Can Benefit Your Estate Plan
The Gift That Keeps on Giving A 529 Plan is a savings account for college and, in some cases, K-12 education, depending upon the state plan that is selected. With the cost of college and private schools soaring, creating a 529 Plan for kids to ease that financial burden is a wonderful way to assist […]
Finding the Right Real Estate Investing Partner is Vital
Your family’s real estate portfolio is too important to risk choosing the wrong trustee Real estate portfolios come in all shapes and sizes. Whether you have a mountain house for family getaways or a variety of income-generating commercial real estate, it’s essential to choose the right trustee to ensure that your real estate investments are […]
Wealth Management: 2023 Financial Outlook
It May Be Better Than You Think By Tom Frank, Executive Vice President, Northern California Regional Manager, Whittier Trust It’s early 2023 and we’ve just come out of one of the toughest markets for financial assets in recent years. The broad U.S. stock market as measured by the S&P 500 Index was down about 18%, while […]
Sell Strong: Whittier Trust Advisors Offer Things to Consider Before Selling a Business
Thinking of selling your business? Things to consider before a sale Your business is important to you. That’s why, when you plan for its future, there’s more to consider than optimizing the balance sheet and achieving a high valuation multiple. “Of course, we’re focused on helping our clients get the most value from the sale […]
Star Performers: Whittier Trust’s Real Estate Expertise
How Whittier Trust’s real estate expertise can ensure your real estate investment performs at its peak potential Three siblings inherited a multi-tenant commercial industrial property that was located in an upscale area a few blocks from the ocean in Northern California. The asset was considered a prime piece of real estate, which produced more than […]
Sweeten the Sale: A Business Selling Checklist
Smart entrepreneurs look beyond the financials to enhance the impact of an impending business sale Any business owner is familiar with looking at all sides of a particular transaction. It’s no different with the ultimate transaction—the sale of the business itself. It is vital to consider not only the financial and tax consequences of a […]
2023 Federal Tax Updates
With the 2021 tax filings behind us and the 2022 tax year drawing to a close, it’s already time for tax updates coming in 2023. The IRS released its 2023 tax year annual inflation adjustments covering updates to more than 60 tax provisions. The 2023 tax year adjustments will effect tax returns filed in 2024. […]
Whittier Trust Presents: Good Health is the Ultimate Wealth
Cancer prevention tips from experts at the USC Norris Comprehensive Cancer Center Whittier Trust partnered with USC Norris Comprehensive Cancer Center to provide exclusive access to a panel of four cancer experts, thanks to our longstanding relationship with Keck Medicine of USC. During this ask-the-experts webinar, the panel shared the latest research on urological, gynecological […]
6 Considerations Before Starting a Private Foundation
These essential questions will inform the direction of your charitable giving endeavors. The first thing to know about starting a private foundation is that it’s not your only option when it comes to philanthropic giving. A donor advised fund (DAF) is another popular grant-making entity available to you. “The entities are very different in terms […]
Actionable Ideas: End of Easy Money
The market turmoil in 2022 so far is in sharp contrast to the heady mix of stimulative policy and low volatility in 2021. In 2022, persistently high inflation has led to tighter monetary policy and slower growth. As a long cycle of easy money draws to an end, we discuss several implications of a more […]