Archive: eFocus @ Legacy

July 20, 2017 | eFocus @ Legacy

Another Exciting Year of Growth

By Michael B. Mahlik, President, Legacy Private Trust Company The last time I penned an article for this publication, Legacy was celebrating its tenth anniversary of helping families with their wealth management needs. It was titled, “Like the finer things in life, we are even better with age.” Now in our 15th year of operation, […]

April 15, 2017 | eFocus @ Legacy

First Quarter Results: The Bull Marches On

Authored by David R. Schedler, VP, Senior Investment Advisor. As March sauntered out like a lamb, we marked the eight-year anniversary of a bull market that started in March 2009. For reference, the definition of a bull market is a sustained period of rising stock prices producing a gain of 20% or more that follows a […]

January 19, 2017 | eFocus @ Legacy

2017: A Good Year to Review Beneficiary Designations

Authored by: Brenton D. Teeling, Vice President of Client Services and Administration. In our business, one of the most important estate planning strategies is maintaining proper beneficiary designations. There are many variables to consider when naming beneficiaries: the type of account (trust, retirement, or insurance, to name just a few); goals regarding future distributions; and […]

October 20, 2016 | eFocus @ Legacy

Designating Access and Control for Digital Property

In March 2016, Wisconsin enacted the Wisconsin Digital Property Act to help residents address the issue of transferring control of digital accounts to a beneficiary in the event that the account holder becomes incapacitated or dies. This law provides options for you to dictate in your will, power of attorney and trust documents whether or […]

July 25, 2016 | eFocus @ Legacy

529 Plans: A Promise for a Bright Future

Authored by Lisa G. Kewley, Senior Trust Advisor. As the tuition due date for fall semester is nearing, consider the benefits of investing in 529 plans early and to the maximum amount possible. Significant Advantages Tax Treatment: Earnings grow federal and state income tax-deferred, and withdrawals are tax-free at both levels when used for qualified […]