Posted on October 10, 2024 by
Rick Bazzani
The people you name to administer your trusts play a pivotal role in protecting your assets. Not only do they have the fiduciary duties to make prudent investment decisions and manage the distribution of trust assets as specified in your trust agreements, but they are also legally responsible for ensuring beneficiaries receive a full accounting […]
Posted on May 16, 2024 by
Sarah Gaymon
In this episode Director of Tax Services Sarah Gaymon shares some reasons why everyone needs an estate plan and how to get started.
Posted on February 26, 2024 by
Heath Standorf
Beginning in the 19th century, some of the U.S.’s wealthiest industrialists quietly abandoned Wall Street banks to hire their own teams of experts to discreetly manage, preserve and grow their business operations and family wealth for future generations. Today, these family offices have moved beyond the shadows of the Rockefellers, Morgans and Vanderbilts and expanded […]
Posted on November 16, 2023 by
Joseph Saka
In this episode, Provenance Wealth Advisors CEO Eric Zeitlin explains the basics of estate planning and how it can help avoid probate and protect your family.
In 2022, lawmakers amended Florida Statute Section 736.0505(3), giving new life to Spousal Limited Access Trusts (SLATs) and the unique estate planning benefits they provide to families within the state. SLATs enable one spouse to create and fund irrevocable trusts during their lifetime for the benefit of a surviving spouse and future generations. The grantor […]
Posted on July 13, 2023 by
The ongoing saga over Aretha Franklin’s estate finally reached a crescendo on July 11, 2023, when a Michigan jury ruled that a document from 2014 found in a notebook under the performer’s couch cushion was her valid will. Since Franklin’s death in 2018, her children have battled in court regarding the validity of that document […]
Posted on June 01, 2023 by
In this episode, Director of Tax Services Jeff Mutnik answers the questions what is a trust and who needs one?
Posted on May 19, 2022 by
In this episode Director of Tax Services Jeff Mutnik explains when someone needs an estate plan and the potential tax and legacy value in creating a plan, including avoiding probate and trusts you can control before and after death.
In this episode Director of International Tax Services Art Dichter explains when foreign trusts are useful and how they play into tax planning.
Posted on October 04, 2021 by
On September 25, the House Budget Committee voted to approve the latest round of recommended changes to the U.S. tax code as part of the president’s $3.5 trillion Build Back Better Act. The draft legislation calls for higher taxes, but at rates that are not as high as previously proposed. In addition, it fails to […]
