Planning Matters with Fiduciary Trust International: Recent Episodes
Fiduciary Trust International
Wealth planning guidance from our trust & estate, tax planning and investment management experts. Fiduciary Trust International https://www.fiduciarytrust.com/disclosure.
From charitable donations to funding retirement accounts and more, there are specific ways you could lower your 2023 tax bill. In our latest Planning Matters podcast, our experts reveal the steps to take before New Year’s Day.
Shareholders increasingly are engaging with company management to encourage sustainable initiatives that can drive long-term financial performance. In our latest podcast, Vice Chair Lisette Cooper discusses how and why shareholders approach management and draw attention to issues that align with their values.
The energy transition means the world is gradually moving toward sustainable energy resources, fueling investment themes and aligning with environmental, social and governance goals and values. Listen as our planning experts discuss how a long-term transformation in energy sources and usage can boost your portfolio while supporting your personal values.
From an IRA to a 401(k), a Roth IRA to a SEP IRA, there are a variety of ways to save for retirement. Listen as our planning experts discuss what they all mean and what might be the best and most tax-efficient path to ensure you have the assets you need when it’s time to retire.
More than just a financial plan, a comprehensive wealth plan coordinates all aspects of your financial life. Listen as our planning experts outline how a wealth plan lets you understand and consistently review your assets, cash flow, debt, taxes, liquidity and future wishes for your wealth.
New NIL (name, image, likeness) guidelines give student athletes several ways to pursue income and visibility. Listen as our planning experts discuss ways to gain NIL income, the taxes that come with them, and how to best manage your money once it starts coming in.
Take time to consider your options when deciding how to pass assets to your children. Is passing them outright, or in trust, your better choice? Listen as our planning experts discuss how, under the right circumstances, leaving assets in trust provides long-term benefits, control and peace of mind.
Mental impairment comes in many forms and is one of the most difficult things your family may face. Listen as our planning experts reveal some small yet important financial steps that can make a big difference in safeguarding your family's finances and minimizing emotional strain.
Deciding how much to spend each year in retirement can be tricky. Too much could compromise your goals. Too little and you’re not enjoying the benefits of your wealth. Listen as our planning experts discuss how your retirement withdrawal rate impacts your lifestyle and has investment, wealth transfer and tax implications.
Once children understand financial basics, it will benefit them for the rest of their lives. But how do you get them to take an interest? Listen as our experts reveal how to talk to children about your family’s financial values, help build a money vocabulary, understand financial basics and facilitate ongoing communication.
Estate planning for unmarried partners, especially within the LGBTQ+ community, can be complicated and nuanced since laws and regulations tend to prioritize married couples. Listen as our planning experts offer helpful tips on how you can ensure that your individual and joint assets are titled and distributed according to your wishes.
Without an estate plan, the courts control who receives your assets once you’re gone. How do you make sure decisions are made according to your wishes? Listen as our planning experts discuss each element of an estate plan and how one keeps you in control.
Even if you are secure in your finances, setting a budget can be your guide to financial peace of mind and show you how to optimize your assets. Our planning experts outline the deeper benefits of a budget, with tips on how to create one that works for you.
Sustainable investing can mean different things to a range of different investors. A focus on ESG, or environmental, social and governance issues, can lead to a range of opportunities, but also brings questions and potential confusion. Listen as Managing Director of Sustainable Investing Jeff Finkelman discusses how we view all aspects of sustainable investing, including helping investors understand how it may have a place in their own portfolios.
Losing a spouse is life-altering and can be financially stressful. It’s often difficult to decide what to do and when to do it. Our experts discuss specific financial steps to update your finances, understand tax implications and make decisions about property and other assets when you are most overwhelmed.
You may intend for your estate to pass smoothly to your heirs, but the process of settling your estate can be stressful. Complications might arise and tension can be high. What’s the best way to avoid conflict? Our experts provide key insight, including to be organized, be specific and make sure you communicate in advance.
The benefits that your philanthropic work creates can extend beyond your community. Our experts offer ideas on how philanthropic involvement can help children and young adults build confidence, professional connections and cultural awareness. As you support the next generation, here are specific ways you can use philanthropy to strengthen their financial skills.
When it comes to fulfilling charitable goals and maximizing income tax benefits, two popular options are establishing donor advised fund or creating a private foundation. How do you decide which approach is right for you? Or is an outright gift an option? Our experts discuss the advantages and distinctions of each approach, and how to tie in your interests and values, to help you find the best way to manage your charitable giving.
Whether it’s for tax reasons, the appeal of a new vacation home or the advent of remote work, more people are considering changing their state of residence. But it isn’t as simple as just saying you live somewhere else. To help you understand the tax implications and decide whether changing your state of domicile is right for you, our experts answer questions and offer tips about what domicile means to your state income taxes.
For international families with relatives living in the U.S., estate planning and transferring wealth to the next generation can be tricky unless you understand the U.S. tax system and related laws. Our trust and estate planning experts offer tips and explain what you need to know.
When it comes to your gifting plans at year-end, it is best to start early. Whether you have charitable intent, or need to think about estate planning or securities transfer, it may take time to achieve your goals within the calendar year. Our advisors discuss tips and tax strategies for year-end gifting, from cash to larger gifts of property, securities or gifts within a trust.
A revocable (or living) trust could be an important part of your estate plan. How do you decide if you need one? We discuss the benefits of a revocable trust, the difference between a will and a revocable trust, why you likely need both, and dispel some myths along the way.
Depending on the type of asset that you inherit and whether you decide to sell it later, income taxes might come into play. Our experts discuss income taxes and common misconceptions about inheriting a home or other real property, the importance of the “step-up” in basis, and what you need to know if you inherit an IRA, individual securities or other valuable collectibles.
Gifting can be a great way to support your loved ones, although its best to put some thought into choosing the best way execute your gift. Our experts dive into how to understand estate and gift tax exemptions and why you might want to gift partial interest in your private business. We also discuss how to take advantage of the federal annual gift tax exclusion, giving to a 529 college savings plan or UTMA, and even paying directly for medical expenses or tuition.