Insights

Tom Fridrich, JD, CLU, ChFC®, Manager and Senior Wealth Planner Giving something you own to someone else. It’s a simple, human act – one that seems like it shouldn’t take too much planning to do it correctly. But when does gifting become a tax issue? What do you need to consider about gifti …

Have you thought about your legacy? We highly recommend that you appoint a trusted family member or friend as your power of attorney (POA), giving them the ability to help with your financial or health needs, should an unfortunate event occur in your life.

70% of family wealth is lost by the end of the second generation and 90% by the end of the third. Get our step-by-step guide to help you successfully pass your wealth to the next generation.   Download Guide

From the family tea set to the most complex estate, transferring wealth is quite common. What’s less common, but just as important, is outlining a specific plan for this transfer and updating it as circumstances change.

As we begin the new year, there’s a wonderful opportunity to look back at 2024 with a sense of appreciation and joy. No matter what 2024 held for you, every moment contributed to your personal growth, wisdom and resilience.

COVID-19 caused an economic shockwave that we’ll feel for a long time. Nonprofits, from large global networks to the local churches, have been hit hard, too. In a recent survey of 110 nonprofits, 80% of them said revenue had fallen across the board.

Giving is an important part of our society for many. It can provide us the opportunity to support causes we believe in and make a positive impact. Keep in mind, giving isn’t always about donating money. It can also include volunteering time or donating goods and resources. Here are some exa …

The other day in our van, my wife turned on a new Zac Brown song for me to listen to. It wound up with us also listening to his “Pirates and Parrots” song. Now, I didn’t know going in what the song was about, but it didn’t take me very long to work it out.

My Grandma Ann came from dirt floors and 13 brothers and sisters. She left high school to work and help support her family after her father died at the age of 40. Later, she put herself through business school to become a secretary and from there, built a life with my grandfather along with …

One of the most important decisions you’ll make when designing your estate plan is who to name in the various fiduciary roles: trustee, personal representative, executor and agent. While a critical decision, it’s often given significantly less thought than the distribution of your assets. B …