"EP Wealth provides the guidance and support to execute our financial goals. Not only does she deliver excellent results, but she is always accessible when I need help or have questions."23 "He is always available to us if we have questions or concerns. "His remarkable talent lies in his uncanny ability to comprehend and adapt our portfolio to align with our evolving financial goals, both in the near term and the long term."25 We are a fairly young family, but we look forward to many years ahead working with Megan and the team at EP."31 "In an age of increasing automation, it's a gift to get to work with a responsive inheritance planning support team who understands our unique need

What is a revocable living trust?

The grantor transfer assets to the trust and the grantor generally acts as the trustee of the trust. If the decedent left no Will or other legal arrangement for transferring assets upon death, the estate may still have to go through probate. Probate is a court-supervised procedure for transferring ownership of someone’s assets after he or she dies. In most cases, probate is necessary in Wisconsin if the decedent has assets totaling $50,000 or more in value that did not pass to beneficiaries or by other types of transfers such as by joint ownership or from a trust. A Will is a relatively simple estate planning document that provides a distribution plan and nominates a personal representative to administer the deceased’s estate. When you create a revocable trust, you transfer ownership of assets (such as bank accounts, investments, or real estate) into i

Planning financially for retirement is much easier for those who start when they are young. We offer many opportunities to meet with our dedicated and experienced Client Services team to learn about the progam. Each saver decides how much to contribute and where this money is invested. With CalSavers, millions of California workers have the opportunity to get on track for their future. Schedule an appointment with a Retirement Administration Service Center (RASC) retirement counselor to explore your retirement options and learn more about the retirement process.

A simple, trusted way to save for retireme

American workers of all ages are in need of a retirement plan that grows with every dollar earned—whether in long-term jobs or freelance work, at small businesses or large—and that provides steady income that lasts for the duration of retirement. Guaranteed Retirement Accounts (GRAs) are universal, affordable, and portable accounts that provide workers with a monthly paycheck in retirement that lasts the rest of their lives. Whereas 90 percent of workers at establishments with 500 or more employees have access to a retirement plan, only half of workers at establishments with fewer than 50 employees do (BLS 2018). Guaranteed Retirement Accounts bridge the gap for workers who lack employer-provided retirement benefits and can change workers’ lives for the better. These investment portfolios could include passive funds modeled on the Federal Thrift Savings Plan Lifecycle Funds as well as actively managed funds designed to take advantage of the potential for improved risk-adjusted returns available to long-term investor

We created this estate planning basics guide to help make the process simpler. We recommend that you consult a tax or financial advisor about your individual situation. Working with a professional can ensure that your plan is tailored to your unique needs, providing peace of mind and clarity for you and your loved inheritance planning support ones.

Think carefully about choosing your power of attorney and healthcare pro

It is not intended to provide specific investment advice and should not be construed as an offering of securities or recommendation to invest. The information provided represents the opinion of U.S. U.S. Bank and its representatives do not provide tax or legal advice. Your financial professional will work with you and your tax and legal advisors to help you build an estate planning strategy that works for your needs and secures your legacy. Certain milestones should motivate you to talk with a financial professional inheritance planning support about reviewing the details of your will or trus

Once a Will or a revocable living trust in place, a person can rest assured that their final wishes will be carried out and that they helped make this difficult time a little easier for loved ones. The trustee manages the assets in the trust according to the grantor’s instructions and then oversees the distribution of the assets after the death of the grantor. As the name suggests, a revocable living trust is a legal document that goes into effect while a person is still alive. While it doesn’t shield assets from creditors or reduce estate taxes, it remains one of the most effective and widely used ways to help simplify the transfer of property and maintain control during your lifetime. Revocable trusts allow for changes including who the beneficiaries and trustees are, what assets are included and instructions for asset distribution. An irrevocable trust, which can also be a type of living trust, details your assets and how you’d like them to be distributed to your beneficiarie