The establishment of a formal Investment Policy Statement (“IPS”) is the most critical step for building a successful investment program. IPS guidelines capture the definition, purpose, and objectives for a single account or a consolidated pool of assets, and provide the investment roadmap for how...
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Diversified Trust shares our knowledge on wealth strategies, investing, current financial news and trends.
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For working Americans, their IRA may be one of their largest assets. It is also one of the most complicated and tax sensitive assets to own for estate planning and wealth transfer purposes. However, with careful planning and consideration of appropriate beneficiary designations,...
The concept of next generation education can be an elusive one. We often relate this to the process of preparing younger generations for the responsibilities that accompany wealth. While this may seem like a common endeavor, many families often fail to formally address...
If you own a business and hope that ownership by your family continues beyond your tenure, there are many questions to consider as you begin to transfer it to another generation. Management Succession First, take an audit of contributing family members to confirm their...
If something happened to you, would your loved ones know what you have, where it is and what your wishes are? When considering estate planning, most individuals are aware that they should prepare a Will to direct the disposition of their assets and...
Becoming a grandparent is exciting and provides unique perspectives as you participate in your children’s and grandchildren’s lives in new and different ways. Having endured the early years of parenthood yourself, you understand the challenges parents can face – from sleepless nights with...