Wills: Planning For The “What Ifs” in Life…And Death

So many times when we review a will for a single individual or married couple we ask did the draftsman (attorney) just follow instructions or did he or she or ask you, “What If”….? More often than not the answer is the attorney just followed my instructions. You may walk away with a new will and a smile on your face when in reality you suffered a disservice. Continue reading “Wills: Planning For The “What Ifs” in Life…And Death”

Is A Trust Too Expensive To Manage?

Why would I want to leave my estate in trust for my child instead of leaving it outright with no strings attached? Why would I leave my estate in trust for my child when it is going to be very costly to manage?

Surely, leaving your estate outright to your child is easier and certainly less expensive than leaving it in trust. But is it really? Let’s look at some examples. When assets are held in trust these assets are usually not subject to creditors claims. Assume you leave your estate outright to your daughter and she decides to start a business by borrowing money. Should the business fail the creditor will attach her assets and there goes her inheritance that you had hoped that would one day be passed on to your grandchild. Continue reading “Is A Trust Too Expensive To Manage?”

How Does A Trust Created By My Will Provide For My Heirs?

If you are like most parents, you and your partner have already decided that your children will inherit your assets when you both are gone. However, in the back of your mind looms the thought about their ability to manage and protect a large inheritance? Why not address some of these issues now. Continue reading “How Does A Trust Created By My Will Provide For My Heirs?”

Who Should Be My Trustee?

A trust can provide benefit for one individual’s lifetime and then terminate or benefit many individuals for several generations. Who should act as your trustee? How much power should you give your trustee?Your trustee can be an individual such as a friend or family member or your trustee can be a financial institution. Your trustee(s) can be a combination of an individual and/or an institution such as an independent trust company. Continue reading “Who Should Be My Trustee?”

How Do You Protect Your Assets During Turbulent Financial Times?

The past years have really been very trying for many. Recent events have only helped to create an aura of increased uncertainty. Many retirees as well as soon to be retirees are especially concerned since they are, or soon will be, counting on their investment portfolios for additional income. If you are in this situation you may want to ask yourself the following question, are my investments diversified enough to withstand changes in the market conditions? Continue reading “How Do You Protect Your Assets During Turbulent Financial Times?”

Independent Trust Company Opens New Branch Office

Garden State Trust Company catering to retired and soon-to-be retired individuals opens Branch Office in Cherry Hill.

Toms River, NJ, June 21, 2012: Ira J. Brower, President announces a new branch office for Garden State Trust Company at, 1236 Brace Road, Suite F, Cherry Hill, NJ 08034. Continue reading “Independent Trust Company Opens New Branch Office”

Ira J. Brower, President, Announces the Opening of Garden State Trust Company

New Independent Trust Company, Garden State Trust Company, catering to retired and soon-to-be retired individuals, is now open for business.

Toms River, NJ, November 21, 2008: Ira J. Brower, President announces the opening of Garden State Trust Company, located on 1886 Hinds Road, Toms River, NJ. Continue reading “Ira J. Brower, President, Announces the Opening of Garden State Trust Company”

Ira J. Brower, President announces that assets under administration for year-end 2009 were in excess of $75 million.

Garden State Trust Company assets under administration surpass $75 million.

Toms River, NJ, January 6, 2010: Ira J. Brower, President announces that assets under administration for year-end 2009 were in excess of $75 million. Continue reading “Ira J. Brower, President announces that assets under administration for year-end 2009 were in excess of $75 million.”