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Author: gstc

Taxation and Residence
Blog

Taxation and Residence

States are facing the issue of how to manage spending given declining tax revenue due to the pandemic, so they are taking another look at the taxation of residents and non-residents. How does a state tax a nonresident on income? For the majority of states, nonresident income tax applies only to those wages that are…

gstc January 7, 2021 No comment(s)
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Travel Trusts
Ask Garden State Trust

Travel Trusts

Dear Garden State Trust: I immigrated to this country from Norway as a child, and I have relatives there with whom I remain close. One of my children lives in Oslo now and may be settling there permanently. For several years, I’ve helped fund some family reunions. The get-togethers alternate between the U.S. and Oslo,…

gstc December 28, 2020 No comment(s)
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Leveraging Reputation: Not Just for Athletes Anymore
Blog

Leveraging Reputation: Not Just for Athletes Anymore

We may all be familiar with the idea of paid endorsements by athletes, thinking of Michael Jordan’s 1984 deal with Nike to create Air Jordans, but he’s certainly not the only celebrity that has been paid a substantial sum to get behind Nike product. In recent years, Nike has made a 5-year, 100-million-dollar endorsement deal…

gstc December 8, 2020 No comment(s)
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Where Are Stocks Going Next?
Ask Garden State Trust

Where Are Stocks Going Next?

Dear Garden State Trust: What are the chances that the wild ride for stocks will end soon? What does the latest GDP figure suggest for the future? —All Shook Up Dear Shook: The U.S. Gross Domestic Product grew at a record 33.1% annualized rate during the third quarter of the year. The previous one-quarter record was…

gstc November 24, 2020 No comment(s)
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The Keystone State
Blog

The Keystone State

Garden State Trust Company has been granted permission to provide our services to Pennsylvanians, and we are excited about the prospect. Although Pennsylvania has many nicknames, the most well-known may be as the Keystone State. A keystone (or capstone) is the part of an arch that is needed to keep the other stones from falling…

gstc November 3, 2020 No comment(s)
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What Is a “Corporate Fiduciary”?
Ask Garden State Trust

What Is a “Corporate Fiduciary”?

Dear Garden State Trust: I understand that you are a “corporate fiduciary.” What is that exactly? Aren’t you just a different flavor of stockbroker or financial planner? —Shopping For Advice Dear Shopping: “Fiduciary” is a legal term that describes the duties that one party owes to another in a business relationship. A fiduciary duty is…

gstc October 27, 2020 No comment(s)
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The New Millionaire’s Tax… Applies To Who Exactly?
Blog

The New Millionaire’s Tax… Applies To Who Exactly?

Looking to create additional tax revenue to offset the losses from the pandemic and provide additional relief, New Jersey has opted to implement a “Millionaire’s Tax”. Does the millionaire’s tax affect all millionaires? New Jersey has a lot of millionaires, with some estimates showing over 250,000 households with over a million dollars in investable assets.…

gstc October 9, 2020 No comment(s)
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About

Garden State offers a variety of trust administration and investment services to help you plan for your family’s future. Garden State Trust Company is a trust service office of Midwest Trust Company, a Kansas non-depository trust company regulated and examined by the Office of the State Banking Commissioner of Kansas.

Four Locations to Serve You

Wall   Main Office

2101 Highway 34 South, Suite A • Wall, NJ 07719
732-255-5000

Cherry Hill   Regional Office

1236 Brace Road, Suite A • Cherry Hill, NJ 08034
856-281-1300

Four Locations to Serve You

Lebanon   Regional Office

1390 Route 22 West, Suite 101 • Lebanon, NJ 08833 908-287-7188

Linwood   Regional Office

2021 New Road, Suite 9 • Linwood, NJ 08221
888-323-5535
Garden State Trust Company
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