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What Assets Cannot Be Placed In A Trust? https://lnkd.in/ddZ_HhFE While trusts are powerful tools for estate planning, not all assets are suitable for inclusion in a trust. Knowing which assets to exclude can save you time and legal complications. Here are a few common examples: 🔹 Retirement Accounts – Assets like 401(k)s, IRAs, and pensions generally cannot be owned by a trust due to tax implications. Instead, you can name the trust as a beneficiary. 🔹 Health Savings Accounts (HSAs) & Flexible Spending Accounts (FSAs) – These accounts are tied to you personally and cannot be transferred to a trust. 🔹 Certain Vehicles – Some vehicles, like leased cars, may not be eligible for trust transfer without lender approval. 🔹 Assets With Joint Ownership – Property owned jointly with rights of survivorship may pass directly to the surviving owner, bypassing the trust. Why It’s Important: Placing the wrong assets into a trust can create tax burdens, legal issues, or unintended consequences. Let us guide you in setting up your trust to ensure a smooth and effective estate plan. 📍 Morgan Legal Group P.C. 100 Church Street, 8th FloorNew York, NY 10007 📞 (212) 561-4299 📧 contact@morganlegalny.com 🌐 morganlegalny.com #EstatePlanning#PetTrust#NYLawyer#ProtectYourPet#WillAndTrust#PetCare#LegalAdvice #MorganLegalGroup

St James's Place Scandal: Did you get what you paid for? One of the biggest complaints to come from the recent SJP investment and pension scandal, is the long term payment of fees, covering services and support that were never offered or provided. If you have or had any investments held with SJP, here are a few things to ask yourself to determine whether you got what you paid for. 🔹 You were charged an annual management fee but didn't receive an annual review with an advisor. 🔹 You have noticed a service charge on your account, despite receiving no advice on managing your fund. 🔹 If you wanted to exit your policy, you were advised of a hefty exit charge. If any of these sound familiar, then you could be owed compensation. Get in touch with Pension Justice for more advice. ☎️ 0800 014 8275 #Investment #WealthManagement #Pension

I know lots of people with a single minded focus on bricks and mortar Investments. Enclosed, we hear from one such SJP client who had built up a profitable concentrated property portfolio – and thought that would eventually be his best choice of income in retirement. SJP financial advice clarified how proper pension planning and diversification of assets could make a big difference to his future, and that of his two children from a legacy perspective. Read more: https://lnkd.in/efXbBvqi #Diversifying #Future The value of an investment with St. James's Place will be directly linked to the performance of the funds you select and the value can therefore go down as well as up. You may get back less than you invested. Past performance is not indicative of future performance. The favourable tax treatment of ISAs may not be maintained in the future and is subject to changes in legislation. The advice provided to Nick Taylor was given after a full evaluation of their specific needs, circumstances and requirements. The solutions provided would not be suitable for most investors and the information provided does not constitute advice.

The The Australian Financial Review tackles the growing trend of Australians reconsidering their super fund options and speaks with our MD, Angus Woods. With outflows from Cbus under the spotlight, our research sheds light on the figures driving this conversation.📊🔍 #AdviceMatters #SuperannuationTrends #AdviserRatings AustralianSuper UniSuperAustralian Retirement Trust

SJP client Nick Taylor has built up a profitable property portfolio – and thought that would eventually be his pension. His financial adviser, James, helped him see how proper pension planning and diversifying his assets could make a big difference to his future, and that of his two children. Nick believes that everyone should seek financial advice – so they can make their money work as hard as they do for their future. Read more: https://lnkd.in/eCinustZ #Diversifying #Future The value of an investment with St. James's Place will be directly linked to the performance of the funds you select and the value can therefore go down as well as up. You may get back less than you invested. Past performance is not indicative of future performance. The favourable tax treatment of ISAs may not be maintained in the future and is subject to changes in legislation. The advice provided to Nick Taylor was given after a full evaluation of their specific needs, circumstances and requirements. The solutions provided would not be suitable for most investors and the information provided does not constitute advice.

A team led by Raman Bet-Mansour and Dominic Blaxill is advising Lovell Minnick in its investment in Broadstone, a UK financial services consultancy delivering advice to employers, insurers, lenders and pension scheme trustees. https://bit.ly/3PuYKnP

SJP client Nick Taylor has built up a profitable property portfolio – and thought that would eventually be his pension. His financial adviser, James, helped him see how proper pension planning and diversifying his assets could make a big difference to his future, and that of his two children. Nick believes that everyone should seek financial advice – so they can make their money work as hard as they do for their future. Read more: https://lnkd.in/exHmfWqr #Diversifying #Future The value of an investment with St. James's Place will be directly linked to the performance of the funds you select and the value can therefore go down as well as up. You may get back less than you invested. Past performance is not indicative of future performance. The favourable tax treatment of ISAs may not be maintained in the future and is subject to changes in legislation. The advice provided to Nick Taylor was given after a full evaluation of their specific needs, circumstances and requirements. The solutions provided would not be suitable for most investors and the information provided does not constitute advice.

The evidence is overwhelming that traditional investment consultancy has failed America’s pension funds, foundations and endowments. For decades, consultants have persuaded trustees to implement complex, expensive, active strategies, when, in the vast majority of cases, a simple, low-cost and broadly passive approach would have yielded better results. Stakeholders deserve and demand better, and trustees have a fiduciary duty to act in the best interests of those stakeholders. No, it’s not easy to acknowledge past mistakes and change course, but it’s the only sensible option. Want to learn more? There are still a few places left if you’d like to join us for “It Pays to be Different: The Rationale for an Indexed OCIO” — a webinar presented by my Index Fund Advisors, Inc. colleague Mark Higgins, CFA, CFP®, next Wednesday, July 24th. You can sign up here >>> https://lnkd.in/gfBqCVXX #FiduciaryDuty #IndexFunds #OCIO #Trustees #PensionFunds #Endowments

Welcome to Day 9 of our Tax Optimization Series. Today, we’ll explore Annuities—a powerful tool for tax-efficient wealth accumulation. Why It Matters Annuities provide a tax-deferred growth opportunity, making them a useful tool in a tax-efficient investment strategy. Key Strategies 1. Deferred Annuities: Grow your investment tax-deferred until you begin withdrawals, which can be scheduled for retirement. 2. Income Annuities: Convert a lump sum into a stream of income, deferring taxes on the principal and earning until payments begin. 3. Variable Annuities: Invest in a portfolio within an annuity, deferring taxes on the portfolio’s gains. Actionable Tip: Consider annuities as part of your retirement strategy to enjoy tax-deferred growth and a predictable income stream. Tomorrow, we’ll wrap up with Strategic Charitable Remainder Trusts: Maximizing Your Giving. #taxes #education #money #investing #entrepreneurship

SJP client Nick Taylor has built up a profitable property portfolio – and thought that would eventually be his pension. His financial adviser, James, helped him see how proper pension planning and diversifying his assets could make a big difference to his future, and that of his two children. Nick believes that everyone should seek financial advice – so they can make their money work as hard as they do for their future. Read more: https://lnkd.in/e7C-ea8i #Diversifying #Future The value of an investment with St. James's Place will be directly linked to the performance of the funds you select and the value can therefore go down as well as up. You may get back less than you invested. Past performance is not indicative of future performance. The favourable tax treatment of ISAs may not be maintained in the future and is subject to changes in legislation. The advice provided to Nick Taylor was given after a full evaluation of their specific needs, circumstances and requirements. The solutions provided would not be suitable for most investors and the information provided does not constitute advice.