Knowing How To Use A Trust Creates Big Benefits

A strong advisor-client relationship is important to understanding how to use a trust and getting the most benefits out of the financial framework. Wealth Advisors Trust has lifted the fog on trust services secrets and is helping its clients understand how to use a trust.


Fees, Fees, and More Fees; What Do They Mean?

The old adage that the only two certain things in life are death and taxes still rings true in 2018. Nowadays it seems to be “death, taxes, and fees” because everywhere you turn consumers face fees. Often it is the same game when it comes to trust admiration. But Wealth Advisors Trust offers its services without the endless stream of fees while providing the same exceptional customer service and attention to detail.

They’re endless. Termination fees; wire transfer fees; bill pay fees; special asset service fees; hourly rates; copy charges; travel costs; and extra fees for returning a beneficiary’s phone call. Costs can add up quickly and sooner rather than later beneficiaries are left funding a mile long list of fees instead of enjoying the security provided by their trust. Finding solace within the protections of your trust is only made harder when facing fees. Attempting to avoid these fees by handling the trust administration yourself is unadvised and potentially dangerous to one’s financial security and opens you up to potential legal liabilities. 1

Wealth Advisors Trust has three categories of fees simplified for maximum customer satisfaction: Agency Trustee Fees, Corporate Trustee Fees, and Irrevocable Life Insurance Fees.


Financial Safeguards A Pivotal Tool In Financial Planning

Understanding the need for thorough safeguards in the trust administration process is essential for relatives with special needs or beneficiaries with perhaps untrustworthy spending habits. The trust administration process offers several safeguards for many situations.


IUL vs Roth IRA; Which is best for your client?

This article is a repost of an article written by our friends at Advisors Resource Company in Coppell, TX.  You can read their full article here:


“Six in 10 workers report they have less than $25,000 in total savings and investments; including 36 percent who have less than $1,000.”1 – Employee Benefit Research Institute and Greenwald & Associates


Cause for Concern?

Retirement planning is crucial to maintaining financial security and retaining a specific standard of living. Eighty-eight percent of all Americans are worried about “maintaining a comfortable standard of living in retirement,” according to a 2012 survey by Americans for Secure Retirement.

Based on recent statistics, this majority of Americans are justified in their concern. The U.S. Department of Labor estimates that an individual will need 70 to 90 percent of their preretirement income to maintain their current standard of living once they begin retirement.

Additionally, one-third of U.S. homeowners, between the ages of 30 and 59, will not be able to maintain their standard of living after retirement, even if they delay their retirement until age 70, according to a 2012 study by the Employee Benefit Research Institute.


Top Five Things To Consider Before Establishing A Trust

What one does with their wealth is as personal as deciding what church to attend. There are several options for protecting your lifelong work or inheritance, passing assets to the future generations of your family, or simply securing what wealth exists to protect it from double taxation. 1 When considering these options and potential problems, a trust administration checklist comes in handy to ensure you cross your Ts and dot your Is. These decisions will affect your family for years to
come, so making the right decision the first time is important.


Advisor friendly trust company top pick – Wealth Advisors Trust

 The Wealth Advisor, the voice of the financial advisor community, has announced  Wealth Advisors Trust as one of their top picks for advisor-friendly trust companies for 2018.

As the financial world lurches up and down, progress continues in the trust industry.  With vision and an advisor focus, independent trust companies continue to unseat the traditional trust company. 


New Fed Chairman Jerome Powell Answers To Trump or Us?

Monday President Trump’s nominee for the new Fed Chairman Jerome Powell exceeded expectations from investors.  If confirmed, Jerome Powell replaces Janet Yellen as the new Federal Reserve Chairman.  The markets expect a smooth path to Mr. Powell’s nomination.  The direction of interest rates, asset values and financial regulation rest with new Fed Chairman Jerome Powell.  However, the answer everybody wants to know, does the new Fed Chairman follow President Trump’s or our wishes?



Picking a Trustee – 4 Easy Steps

Picking a trustee gets less attention than choosing your new smartphone.  In the first place, it is not a fun moment.  You and/or maybe your spouse are sitting with your estate planning lawyer.  You are planning what happens when you pass away.    For engineers and math people this is a logical emotional process.  For everyone else it is a winding road of emotions and what-ifs.  To sum up, in your Will or separate trusts you have to pick a few positions.  In your Will you need to pick an Executor, Guardian (if you have kids), Beneficiary and a Trustee.  If you have a revocable or irrevocable trust you will need to pick a Trustee and Beneficiary.  In short, picking a trustee is really important.  They control everything.



Tax Reform – Who pays more?

Tax Reform proposal, introduced yesterday, has both some pretty big winners and losers.  In the first place the bill’s name – Tax Cuts and Jobs Act.  Kinda funny. At 429 pages the bill is surprisingly lean.  Of course, this kicks off the negotiations with both sides of the aisle and special interest groups.


Are Millennials the best and toughest clients?

Millennials will challenge you.  This is a good thing.  If you don’t adapt to different generations, wants and needs, you have a fuzzy problem.  Traditional companies have a hard time marketing to Millennials and Gen Zers.  In our opinion, we believe corporate America generally misses the mark on how to market and to service these two generations.   We admit our corporate trustee services are boring, though important.  Despite this, we are enjoying the process of adapting to the most engaging way to service these younger generations.

Some find it challenging to adapt.  Frankly, that is the fun part of the business.


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