Wealth Management Articles

Our team has put together a collection of helpful and informative articles regarding wealth management.

If you're interested in learning more about wealth management, these articles may have just what you're looking for.

The Trouble With Powers of Attorney

Reportedly the incidence of Alzheimer’s disease among those 85 and older is about 47%. This population needs help with financial management. Perhaps the most common tool to permit a family member to assist with handling an elderly person’s assets is the power of attorney.

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Jumbo Gift Tax Exclusions

Every taxpayer has two shields from the federal gift tax: a $14,000 annual exclusion and a $5.43 million lifetime exemption.  

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Donor-advised Funds

A donor-advised fund provides a mechanism for you to dedicate significant resources to charity...

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Excess IRA Contributions

Despite the fact that the U.S. savings rate is generally thought to be too low, the problem of excess IRA contributions is rather large.  

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Inheritance Protection Plan

Thoughtful planning may create a lasting legacy.

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Playing the Audit Lottery

Although government spending in general seems to be on an inevitable upward track, the funding for the IRS has been reduced in recent years.

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Charitable Trusts

A charitable remainder trust is a tool for dividing your wealth between private and philanthropic beneficiaries.

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Post Mortem Estate Plan Adjustment

Wife is the beneficiary of a substantial Qualified Terminable Interest Property Trust (or QTIP trust for short). Her six children were remainder beneficiaries, and she received all of the trust income...

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Risks of Amateur Trustees

More and more affluent families are turning to trust-based solutions for their wealth management and inheritance problems. However, a trust is only as good as its trustee.

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Q&A on IRAs

A new report from the GAO estimates that 43 million taxpayers have IRAs, worth an estimated $5.2 trillion.  Some 42.3 million of these IRAs are worth less than $1 million, and 800,000 are worth more.  314 taxpayers have IRAs worth $25 million or more.  That is some serious capital, which can raise serious questions.  Here are four that crossed our desk recently.

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Financial Management for Single Seniors

Facts of life: Most retirees will be single for some period of time, and most of those singles will be women.

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Trusts for Special Needs

Parents and grandparents of a child with a lifelong disability, such as autism, have a special estate planning challenge. On the one hand, they want to provide the financial support that the child never may be able to provide for himself or herself. On the other hand, they want to protect the child’s eligibility for the full range of government support programs, including health care.

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2015 IRS Retirement Plan Limits

To make it possible for voluntary retirement savings to keep up with inflation, the various numerical limits embedded within qualified retirement plans are indexed for inflation. In October the IRS announced the numbers that will apply in 2015.

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Heartland Bank and Trust Company Asset Management & Trust Services is not a broker/dealer. Equity and bond trading in customer accounts is transacted through independent broker/dealers.