Authored by Sean Rice In the event of a personal injury litigation settlement, the mainstream solution has been to place some or all of the beneficiary’s proceeds into a structured settlement annuity contract. Reasons for this investment choice vary among those involved in the settlement process. Some cite the desire to protect the funds from…
Tag: trust company
Silent Trusts - Shhh… It’s a Secret to Everyone
According to a recent study of millionaires in 2013 done by PNC Wealth Management 82% of American millionaires are in agreement with the statement that: ‘each generation should be responsible for creating its own wealth’, up sharply from the 65% reported in a similar study in 2007. (more…)
Revocable vs. Irrevocable Trusts: What Should You Choose?
If you are planning a trust-based wealth management strategy, should your trust be revocable or irrevocable? The answer turns on your objectives for the trust. (more…)