Wealth & Trust FAQs
In law, a trust is a relationship where property is held by one party for the benefit of another party. A trust is created by the owner, also called a "settlor", "trustor" or "grantor" who transfers property to a trustee. The trustee holds that property for the trust's beneficiaries.
One main difference between a will and a trust is that a will goes into effect only after you die, while a trust takes effect as soon as you create it. A will is a document that directs who will receive your property at your death and it appoints a legal representative to carry out your wishes.
Yes. Through our investment provider, we can review and analyze your portfolio holdings, at no cost, for both performance and fees, then report back to you.
Yes, we do, along with strong partnerships with DFA.
We provide a full range of services from individual IRAs to corporate 401(k)s. The first step is to have a conversation on what you are trying to accomplish.
There are many types of plans to choose from. We focus on finding out what you are trying to achieve for you and your employees, so you can pick the option that is the best fit.
With many recent legislative changes and offerings, it is important to review this regularly. We stay in continual contact with our clients on any changes to make sure everything is compliant and aligned with what the business owner's goals are.
A trust and wealth management office provides many services besides handling trusts. For example, we can serve as an investment manager, a custodian and manager of your retirement rollover from a former employer or also serve as Executor of your estate.