May 23, 2024 | Estate Planning, Personal Financial Planning, Tax News
When establishing the terms of your estate plan, you might consider using a trust to pass assets along to your beneficiaries or transfer wealth to your loved ones. Establishing a trust is often a wise strategic decision, but at the same time, grantors should fully...
May 21, 2024 | Estate Planning, Personal Financial Planning, Tax News
It is somewhat unusual to highlight 2026 taxes in 2024, but we are in an unusual situation: Many of the provisions in 2017’s Tax Cuts and Jobs Act will expire at the end of 2025 unless Congress acts to extend them. Taxpayers need to be aware of how they will be...
May 2, 2024 | Business Planning, Estate Planning
Ensure the longevity and success of your business by creating a strategy to transfer ownership. Don’t let your hard work go to waste by failing to envision the company’s future without you at the helm. Follow the advice below to properly plan the estate of...
Apr 18, 2024 | Estate Planning, Personal Financial Planning
The FDIC made some changes, effective as of April 1, 2024, which it says will simplify deposit insurance rules for trust accounts. The FDIC outlined the key changes in an official statement: To make the deposit insurance rules easier to understand for depositors and...
Jan 24, 2024 | Business Planning, Closely Held Business, Estate Planning, Featured News and Events, Not-for-Profit, Personal Financial Planning, Real Estate
Last week, Dr. Terry Clower was guest speaker for MCB’s annual Economic Outlook event, where he shared insights on the state of our national and local economies. MCB has sponsored the Economic Outlook event with Dr. Clower in January for the past 10 years. Also...
Oct 19, 2023 | Estate Planning, Personal Financial Planning
Estate planning is about defining and living out your legacy during your lifetime. It enables you to enjoy the impact your plan has on the people and organizations you support. But there are a lot of myths that still need debunking: Myth #1: Estate planning is only...
