A mother and her daughter.

Caring for Aging Parents and Estate Planning: What the Children Need to Know

As parents age, adult children often find themselves in the dual role of caregiver and financial planner — a balancing act that can be emotionally and financially taxing. This dynamic, frequently referred to as the “sandwich generation,” describes those who support their children while caring for aging parents. One crucial yet often overlooked aspect of…

A couple meeting with a wealth advisor

Secure Your Wishes: 4 Essential Reasons to Have a Living Will

In today’s fast-paced world, planning for the unexpected is more important than ever, especially when it comes to our health and medical care. A living will serves as a vital safeguard for individuals and their loved ones, articulating one’s preferences for medical treatment in situations where they may be unable to voice those choices. This…

Trusts – an Essential Resource for Family Financial Planning

Trusts – an Essential Resource for Family Financial Planning

As families accumulate wealth, trusts offer protection, growth, and efficient transfer from an individual (or grantor) to beneficiaries. While previously thought to be reserved for the ultra-wealthy, trusts are an excellent financial planning resource and are gaining popularity among the broader public. Today, we review how trusts may help families prepare for a multitude of…

What is a living trust?

What is a Living Trust, and Why Do You Need One?

People often ask whether they need a living trust for their estate plan. The answer depends upon your goals for managing your assets during your lifetime and how you would like to transfer them after your passing. Here are some key points to consider when determining whether a living trust is right for you. What…

The Importance of Placing Properties in an LLC for Estate Purposes
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The Importance of Placing Properties in an LLC for Estate Purposes

Estate planning is one of the most thoughtful decisions property owners can make when placing real estate assets in a Limited Liability Company (LLC). Many people think estate planning is just about writing a will, but it involves much more—especially if you own valuable property. Using an LLC for real estate can provide legal protection,…

April Wealth Thought Leadership
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The Difference Financial Planning Can Make

Financial planning can have many definitions. It can relate to your business, your finances, or your family in general. This exercise provides a road map of where you have been financially, where you are, and where you want to go. I am often asked how frequently I should partake in this exercise, and my answer…

A man and a woman having a conversation.

Advisory Solutions: Transforming Offerings with Integrated Solutions

According to DeVoe and Company, 2024 saw the highest number of transactions in the RIA space (269), with Q4 recording the most reported deals ever (78) in a single quarter.1 Even Robinhood’s recent acquisition of TradePMR signals the strategic positioning among advisory firms. This massive migration to the independent RIA model, many of whom are transitioning from traditional, full-service models, signals significant advisory trends shaping wealth management solutions’ current and future state. 

Three business workers having a discussion.
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Key Policy Changes in 2025 Impacting Your Financial Planning

As 2025 approaches, policy shifts under a new Trump administration are taking shape. For investors, understanding the new tax, healthcare, and retirement landscape is crucial to navigating the future. Here are some of the most impactful potential policy changes and how they may influence your financial planning. Tax Reform One primary goal is the continuation…

A man and a woman reviewing documents.
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WEBINAR: Year-End Tax Strategies

As the year draws to a close, it’s the perfect time to review effective tax strategies. Watch our insightful webinar where we’ll uncover powerful tax-saving methods that can help you maximize your savings before the end of the year. Whether you are an individual or a business owner, you’ll learn actionable tips to reduce your…

Photo of a man holding a cell phone
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Bryn Mawr Trust Survey Reveals Americans Value Digital Assets at $191,516 on Average, But Gaps Exist in Digital Asset Awareness and Estate Planning

Despite placing six-figure valuations on their digital assets, Americans are largely neglecting these assets during financial planning

Beneficiary Designation

Securing Your Legacy: Why Updating Your Beneficiary Designations Matter

As the year closes, it’s a good time to update your beneficiary designations, which is a vital yet often overlooked step in financial planning. Life changes such as marriage, divorce, and the passing of a loved one can leave outdated beneficiary information on accounts. Failing to update these can create confusion, delay, and even prevent…

An elderly couple reviewing documents with a financial professional.
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The Importance of Adapting Financial and Estate Plans to Legal Changes

When the foundation of a structure becomes unstable, everything built on top must adjust or risk collapse. This principle is not only true in construction but also in financial and estate planning. In the United States, financial and estate planning is deeply intertwined with legal and tax codes, which form the foundation for achieving our financial…

Three generations (grandparents, parents, and grandchildren) of a family are gathered around a piece of paper. The image is overlaid with a blue mezzotint pattern reminiscent of the texture of dollar bills.
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WEBINAR: Securing Your Legacy: The Importance of Establishing and Updating an Estate Plan  

Watch our replay on why having an estate plan is vitally important.  Watch to ensure your assets are distributed according to your wishes by providing your loved ones with invaluable peace of mind.  In this webinar, we outline the benefits of establishing and regularly updating a plan to secure your legacy.

An older couple, both wearing green sweaters, are meeting with a banker.
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The Importance of Aligning Your Investment Strategy with Your Estate Plan

When it comes to managing your wealth for the future, having a sound investment strategy is paramount. However, equally important is ensuring that your estate plan is closely aligned with these investment choices. The synergy between how you manage your assets today and how you plan to pass them on to beneficiaries can significantly impact your financial legacy and security.

A man and a woman, both with short white hair, are consulting over documents with a younger male banker.
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A Comprehensive Guide to Trust Asset Management

Trust asset management requires a multifaceted approach to managing the day-to-day running of a portfolio that encompasses, among other things, strategic asset allocation, fiduciary responsibilities, risk management and a keen understanding of tax implications. Trustees must navigate a complex landscape to fulfill their obligations, optimize financial outcomes, and align investments with the trust’s goals and beneficiaries’ needs.