In simple terms, a trust is a legal structure created by a grantor/settlor that vests legal title to assets in one party, i.e. the trustee, to manage the assets of the trust for the benefit of others, i.e. the beneficiaries. The grantor/settlor of the trust transfers property to the trustee either during...
Insights and Ideas
Diversified Trust shares our knowledge on wealth strategies, investing, current financial news and trends.
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I would forgive the reader of this for not knowing what Modern Monetary Theory (“MMT”) is or even why I would be writing about it. Theories about economies and how they do or should work are much more complex than the basic macroeconomics...
Diversified Trust has created a list of our favorite books for families as they engage in discussions surrounding stewardship of their financial assets. Healthy dialogue and communication are essential to managing and sustaining wealth. A few of our favorites include: Raising Financially Fit...
All too often, well-designed estate plans fail to meet their objectives due to poor execution of those plans by the people or institutions charged with this responsibility. So what issues should be considered? What Are The Options? While the specific activities of an...
Clients often explore options for private aviation as an alternative to traditional airline travel. Private aviation provides more privacy and an unmatched level of convenience to travelers. There are various private aviation programs to consider, from card programs that provide hours of service,...
Come home from the hospital, rock baby to sleep, open a 529 plan. With school tuition continuing to escalate each year, many families are taking advantage of the benefits of 529 plans. Not only do the plans allow contributions to grow tax-free, they...