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Chart Check

Everybody Wants to Work – July 2024 Chart Check

Recognizing the crucial role of data in contemporary society, the investment team at Legacy has adopted a graphical approach for rapid and efficient information conveyance. Utilizing charts and graphs, we can represent large data sets, illustrate trends and changes over

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required minimum distributions
Financial Planning

Limited Relief for Required Minimum Distributions (RMDs)

Historically, distributions from inherited IRAs could be extended over the beneficiary’s lifetime, allowing the account to grow substantially, especially for younger beneficiaries. This approach facilitated significant long-term growth of the inherited IRA, given the smaller required minimum distributions (RMDs) that

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living trust
Tax Planning

The Role of Living Trusts in Wealth Management

Inquiries about the potential tax benefits of placing investments into a living trust are common in the trust and wealth management field. It is essential to clarify that while living trusts offer numerous advantages, income tax savings are not among

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Chart Check

Two Ways of Viewing Inflation – July 2024 Chart Check

Recognizing the crucial role of data in contemporary society, the investment team at Legacy has adopted a graphical approach for rapid and efficient information conveyance. Utilizing charts and graphs, we can represent large data sets, illustrate trends and changes over

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Chart Check

Record Concentration in S&P 500 – July 2024 Chart Check

Recognizing the crucial role of data in contemporary society, the investment team at Legacy has adopted a graphical approach for rapid and efficient information conveyance. Utilizing charts and graphs, we can represent large data sets, illustrate trends and changes over

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lifetime gifts
Charitable Giving

5 Potential Benefits of Lifetime Gifts

Incorporating a program of lifetime gifts into your estate plan can offer significant advantages for you and your beneficiaries. Lifetime gifts, which are financial gifts or transfers of property made during an individual’s lifetime as opposed to bequests made through

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