At Legacy Trust, we have been contemplating the retirement planning advice that we have provided clients over the years.  This reflection has made us proud to have helped so many of our clients plan for their financial future, but it also left us believing the old adage “there is always room for improvement”.  We have…

Planning Implications of the SECURE Act On December 20th, 2019, President Trump signed the Setting Every Community Up for Retirement Enhancement Act of 2019 (SECURE Act) into law, creating sweeping changes to how you will manage your IRA and retirement accounts throughout your lifetime.  You may have already heard that the law gives a nod…

Being a new parent is overwhelming. While you’re biologically wired to focus on keeping your baby happy and healthy in the current moment, it’s important to start thinking ahead. Saving for college or secondary education can be daunting. The cost can feel impossible and if you’re in my situation – the father of twin baby…

CAN WE TALK? A smart and simple way to address the details in estate planning   Is there any better way to spend the holidays than with family? For some, it may be the only time of the year when you see each other face to face. At these rare gatherings, you are presented with…

In honor of the wonderful animals in our lives, we are sharing a photo album of Legacy Trust members and their beloved pets:                                       

As the summer winds down, we approach what many of us in Michigan call “the dog days of summer.” A time to bask in the warm sunshine, reflect on the summer activities and start planning for the fall and winter seasons ahead. For some, it’s also a time to assess their personal financial situation –…

In the mid-1700s, two ministers of the Church of Scotland caused a major change within their church community; the impact of which still reverberates even today. The two men did not create any new branches of theology, although “Acts of God” would fall under the umbrella of their work. What these two ministers created was…

How much do I need to have saved to comfortably retire? What could I do right now to increase my chance of a successful retirement? If I die tomorrow, what kind of (financial) legacy will I leave? Should I pay down my mortgage or set aside more money into an investment account? Whether expressed directly…

With the recent trend of political turmoil boiling over into our everyday lives and the increasing threat of inflation withering away at the purchasing power of our dollar, gold has become a topic of conversation recently. It is the asset that is classically associated with protection against both uncertain times (picture someone’s basement stocked with…