Annual presentation from Ferguson Wellman sharing our views for the year regarding the global economy and capital markets, as well as a planning update from our wealth management team.
2025 Investment Outlook Webinar Video: Lessons Learned
Working With Your Team of Financial Professionals
Wrapping up any tax year results in a flurry of activity. Not just holiday shopping and family gatherings, but also tax strategy implementation and estate planning actions. At Ferguson Wellman, we regularly provide guidance and field questions about appropriate strategies for our clients’ situations.
Proper Structuring of an Irrevocable Life Insurance Trust (ILIT)
Casia Chappell, CFP®, CPWA®, discusses the benefits and workings of irrevocable life insurance trusts (ILITs), highlighting their role in estate planning by providing asset protection, estate tax mitigation and efficient wealth transfer.
The Importance of Per Stirpes and Per Capita Elections in Estate Planning and Beneficiary Designations
In the realm of estate planning, the terms "per stirpes" and "per capita" play a pivotal role in how assets are distributed among beneficiaries. Understanding both terms is critical for anyone looking to ensure that their assets are transferred according to their wishes.
Wealth Management Insights Video Third Quarter 2024
Wealth Management Chair Samantha Pahlow, CTFA, AWMA, presents the firm’s quarterly Wealth Management Insights titled, “The Role of Insurance in Wealth Planning.” In the video, she explains the role of insurance in wealth planning, highlighting the types and benefits of different kinds of coverage.
Quarterly Publication Focus: Planning for an Alternate Scenario
In our most recent Wealth Management Insights publication, Scott Christianson, CFP®, explained the importance of beneficiary designation in estate planning and the different options to ensure that assets are distributed to the intended heirs.
Quarterly Publication Focus: Ensuring Continuity in 529 Plans
In our most recent Wealth Management Insights publication, Charissa Anderson, CFP®, CDFA®, explained why it is important to name a successor owner for a 529 account and discussed gift and estate tax implications relating to the account.
Planning for an Alternate Scenario
Scott Christianson, CFP®, discusses ways in which a well-intentioned estate plan can misalign with the deceased family member's intentions and how to avoid pitfalls related to beneficiary designations.
Planning for Our Children's Future
Samantha Pahlow, CTFA, AWMA®, provides an overview of important issues to consider when making legacy plans with children and grandchildren in mind.
2024 Required Minimum Distributions for IRA Beneficiaries Waived Again by IRS
Tyler Conroy, CFP®, writes about the IRS waiving required minimum distributions in 2024 and shares a resource for individuals for whom this may apply.
Wealth Management Insights Second Quarter 2024: Planning for Our Children's Future
We present our second quarter 2024 issue of Wealth Management Insights titled “Planning for our Children’s Future.” In it, Samantha Pahlow, CTFA, AWMA®, discusses the crucial aspects to consider when planning for the distribution of assets for minor children. Scott Christianson, CFP®, writes about planning ahead for unanticipated outcomes in our estate plans and what we can do with estate planning to avoid major pitfalls and Charissa Anderson, CFP®, CDFA®, provides a considerations when saving for education and utilizing a 529 account.
2024 Investment Outlook Webinar Video: Sticking the Landing
Annual presentation from Ferguson Wellman sharing our views for the year regarding the global economy and capital markets, as well as a planning update from our wealth management team.
Wealth Management Insights: The Value of Planning
Solutions for Excess Funds in a 529 Education Savings Plan
We recently wrote about strategies for funding education needs in our wealth management Insights Newsletter. Occasionally, we learn that a client has successfully saved and built wealth for education inside a tax-advantaged 529 education savings plan, only to find themselves with funds left over. Luckily, there is good news – your savings aren’t trapped. There are several options for transferring or withdrawing funds from a 529 plan when they are no longer needed for the current beneficiary’s education.
Selecting a Trustee and Executor
Your wishes. Your legacy. Your plan. Your estate planning documents, whether a will or a trust, reflect your values and wishes relating to the distribution of your assets. While you, and your attorney, have carefully drafted language that reflects distribution wishes congruent with your goals, it is still left up to someone else to execute your plan.
Wealth Management Insights Q2 2023: Keeping Your Estate Planning and Education Funding on Track
Read our second quarter 2023 Wealth Management Insights titled, “Keeping Your Estate Planning and Education Funding on Track.”