How do some people get things done while others don’t? Don’t we all have the same 24 hours in a day? What separates the successful from the rest of the pack? How do you get people to respond? I’ve come…
ESG investing has come into focus in recent years as a new means of analyzing the capital markets for investors looking to align their portfolios with their own personal values. In this post, we’ll discuss what ESG means, some examples…
Trusts created under Wills are created for the benefit of a beneficiary after the Grantor passes. These Trusts are meant to help support the beneficiary, oftentimes the Grantor’s children, after the Grantor’s passing to help ensure that their needs are…
Believe it or not, trust companies play a vital role defending the United States financial system from anonymous criminal activity. Financial crime in the United States generates approximately $300 billion of proceeds per year according to the Department of Treasury. …
There are occasions when a client prefers to use their CPA to file Trust tax returns rather than the Trustee. In these instances, the Trustee should ensure the CPA filing the tax returns is filing the returns correctly. The Trustee…
On Feb 10-12, I attended the ABA Wealth Management and Trust Conference in San Francisco, and thought I would share some observations and key points from some of the sessions I attended: On the regulatory front it is always interesting…
In a recent article by Barbara Danberg, Esquire (see full article on our website under News) she discussed some of the beneficial reasons to decant a trust. In short, decanting can be a powerful tool in the trustee’s arsenal. A…
2018 was an interesting and volatile year for capital markets to say the least. US Equities posted their first negative calendar year return (S&P 500 declined 4.4%) after 9 consecutive years of positive performance. It was a bumpy ride to…
Welcome to the inaugural First State Trust Company (FSTC) blog! This is the first of what I hope are many posts to our site that will be informative, instructive, educative and interesting. The blog is meant not only to be…