What has allowed us to adapt and thrive through changes as well as create improvements is the intentional preservation over the years of our core values and culture. Our core values of client first focus, integrity and accuracy, continuous improvement, teamwork, a budget focused on the client and inclusive employment practices provide a foundation for all that we do.

The economy and markets still appear to be on solid footing. Trade policy remains in flux, creating a potential headwind as businesses and consumers adjust to the evolving landscape.

As fiduciaries – whether personal or professional – we can help prevent that outcome for families and individuals who have placed their trust in us. The tools exist and the legal framework is largely in place. All we have to do is ask the question: “What digital assets do you have, and does someone know how to find then?”

For families focused on education savings, a 529 savings plan remains the gold standard, offering superior tax benefits, greater contribution flexibility and parental control. For families seeking general savings without restrictions, an UTMA may be appropriate, with the understanding of its limitations.

As a retirement plan provider, our sole goal is to help you save for a retirement you can be proud of, without sacrificing your current wellbeing. We have no interest in coercing you into a contribution rate that you are not comfortable with. We are here to help you every step of the way towards retirement, and are happy to provide the insight necessary to make choices you can feel confident in.

The One Big Beautiful Bill Act, OB3, made significant changes to charitable giving, and the income tax deductions that often motivate a charitable gift. Those changes impact what to give and how the gift is made.

Succession planning can definitely be one of those things like cleaning the garage, scheduling a dentist’s appointment, taking care of the check engine light on your car or unloading the dishwasher. They are all things you can get to later. You know you should take care of them, and you will; just not now. For a business though, putting off succession planning can be much more disruptive than a dirty garage or full dishwasher.

As we navigate the first quarter of 2026, we encourage investors to maintain discipline. Whether dealing with headlines from Washington or the nuances of trade negotiations, a long-term time horizon remains your most effective asset.

The best estate planning doesn’t end with the signing of the documents, but also includes honest, candid reflection and conversation about why the decisions were made, being realistic about the individuals involved and follow up on all of the details to make sure that everything truly is in order. No one likes to talk about these things – they are hard.

I wonder what financial advice from today will make our children and grandchildren smile and shake their heads 38 years from now. What are we getting wrong? What will seem as outdated as the advice to go 100% bonds at 55? Only time will tell but I hope they find our old articles as fascinating as I found Jack’s.

As this generation of business owners move toward retirement, most of the conversation centers on how they will fund their after-career phase. But the demographic shift also impacts the millions of employees who depend on employer-sponsored retirement plans – especially in the 2.3 million U.S. businesses owned by Baby Boomers.

IRAs now comprise a substantial part of an individual’s net worth, often with balances in the millions of dollars. Individuals are encouraged, both by financial planners and by Congress to open Roth IRAs.

As tax-related scams continue to evolve, awareness and careful verification remain the most effective defenses. Greenleaf Trust encourages clients to reach out to their Client Centric Team before acting on any suspicious tax-related request.

To cultivate means to develop or improve something through care and effort. Our Cultivation initiative is a reference to the symbol of our long-term strategy, a tree. The roots represent our core values, the tree our clients, with the branches representing our team that supports our clients and the leaves the initiatives to Serve Clients More.

The recession anxieties that dominated headlines just two years ago have largely evaporated, replaced by a growing consensus that the elusive “soft landing” may have been successfully navigated. The outlook for corporate earnings remains robust, driven by productivity gains and technology adoption. In what was at times a volatile year, disciplined investors were rewarded.

In an era of rapid financial, legal and family-dynamic changes, one of the most valuable features of any trust is flexibility. While trusts are often created to provide structure, security and long-term direction, the most successful plans intentionally balance that structure with the ability to adapt.

Our annual personal trust and wealth management client satisfaction survey is designed to gauge Greenleaf Trust’s collective efforts from our clients’ perspective. We not only want to know if we are delivering on our promises, but we also crave candid feedback on ways in which we can better serve our clients. Analyzing the results helps us more closely align the voice of our client with our daily impact and better understand how our clients feel about Greenleaf Trust’s personalized service and customized solutions

Retirement marks a significant life milestone, but it is not just about your financial readiness. It really is a multifaceted transition that involves emotional, lifestyle, and practical considerations. Here are a few key areas to think about.

If an asset is given away during lifetime, the gifted asset’s income tax basis is ‘carried over’ to the recipient. If the recipient then sells the asset, he or she will incur a capital gain. That is not the same if the asset is inherited after its owner’s death.

In order to continue to be successful and Serve Clients More, we will need to focus our leadership strengths. That is why I recommended and our board of directors unanimously agreed to promoting Dan Rinzema, Chief Client Officer, to President of Greenleaf Trust N.A.

Rate cut expectations swung significantly as investors attempted to look through the fog created by delayed official government data. Speculative assets like bitcoin suffered large losses. Investors focused on earnings to assess the true impact of AI, while sector leadership rotated away from the technology giants that have dominated recent returns.

What is valuable? Does anyone want it? How should I decide who gets what? Every item of personal property you own will end up somewhere after you die – with family or charity, sold through an estate sale or (and, yes, it happens) in the dumpster. You may as well be the one who decides what happens to it all.

That’s why, at Greenleaf Trust, we created a financial literacy program to ensure our clients and the next generation are educated and empowered to make financial decisions. We started with the fundamentals: cash flow, debt management, education planning, estate planning, insurance, investments, retirement and taxes.

The Retirement Savings Contribution Credit – aka the “Saver’s Credit” – offers low- and middle-income workers who contribute to a retirement plan a tax credit worth up to $1,000 ($2,000 for married couples) when they file their annual tax return.

Data from the U.S. Census Bureau show that there were over 76 million born during the “baby boom” between 1946 and 1964. Of particular interest to me at the time was the impact their retirement savings would have on capital markets and the creation of wealth. Now, over 30 years later, economists are talking about the Great Wealth Transfer.

Looking ahead, there are uncertainties related to an extended federal government shutdown, trade policy headlines and persistent geopolitical tensions. Nevertheless, markets have continued higher and there is reason for optimism as the Federal Reserve makes a pivot toward easing policy rates.

Even though the calendar just turned from Cybersecurity Awareness Month, the heightened risk is already here. The holiday season may bring joy, but it also brings opportunity for scammers. Stay alert and secure and you’ll be far more likely to keep your season happy rather than hacked.

Digital estate planning represents the next evolution of thoughtful financial and legacy planning. While it may seem like a small detail, addressing your online presence can prevent significant complications for loved ones and protect both financial and personal information.

There are numerous ways to give charitably, and with proper planning, you can take full advantage of current tax laws while supporting the causes you care about most. We welcome the opportunity to discuss your charitable goals and help you implement a tax-efficient giving strategy that aligns with your family’s values.

Many estate plans include provisions for charity, whether in the form of a financial amount designated for the decedent’s favorite charities (a pecuniary bequest) or a specific asset or dollar amount left in trust to provide for a charity. If the charity no longer exists, or it no longer serves the purpose that the decedent wanted to support, what happens to that charitable gift or trust? In these situations, the legal principle of cy pres appears.

The Roth CUPs requirement introduces a significant operational shift for retirement plans. It affects plan design, payroll processing, participant communications and compliance procedures. Employers and retirement plan providers must ensure that all systems and stakeholders are aligned to meet the January 2026 implementation deadline and maintain compliance with IRS regulations.

The purpose of the Advance is to review and discuss divisional strategic plans for the upcoming year. We call it an Advance instead of a retreat because our plan is to move forward not backwards.

Investors and the Federal Reserve weighed stubborn inflation against a resilient labor market. That watchful waiting ended in September when the Fed cut interest rates—a long-anticipated move that marked a clear turning point from observation to action.

October is Cybersecurity Awareness Month, which means it is the perfect time to look at the latest threats in 2025 and the simple steps you can take to protect yourself.

Individuals who give to charity, particularly high-income earners and those who itemize deductions, will want to understand how their giving strategy might need to shift in 2025 and 2026.

They succeed through systematic application of proven principles, a disciplined approach, and unwavering commitment to long-term excellence. So, the next time you hear the crunch of leaves beneath your feet or the smell of bratwursts cooking at the hometown tailgate, think of your “home” team at Greenleaf Trust and how a personalized Wealth Management Plan could help you and your family build a legacy!

Charitable bequests at death are commonly found in wills and trusts. They are used to implement the decedent’s philanthropic objectives and used, at times, to reduce, or minimize, the decedent’s estate’s exposure to federal estate taxes.

Due to the sensitive nature of these services, sponsors should feel confident with their providers to maintain proper internal controls over these functions.

I hope you get a sense of why we enjoyed our summer so much. It once again provided us with opportunities to nurture relationships with our clients and each other and continue to grow the breadth and depth of our capabilities to deliver more. I hope you enjoyed your summer as much as we did.

After a summer characterized by mixed economic signals, investors and policymakers now look ahead to autumn for clarity on the path of inflation, growth, and interest rates. Policy changes enacted earlier in the year are beginning to filter through and could become more visible in the data ahead.

A legacy love letter is not a legal document, it’s not about numbers or assets, nor does it carry any binding instructions for your estate plan.

In July 2025, President Trump signed the One Big Beautiful Bill Act (OBBBA) which introduced major updates to education savings plans—changes not only our team believes are impactful for every parent to understand.

Offering a high-quality qualified retirement plan, especially in a tight labor market, helps attract and retain talent. Structuring a plan focused on retirement readiness assists employees to prepare for a financially secure retirement.

The good news is that most individual retirement accounts (IRAs) are protected from the claims of judgment creditors. The not-so-good news is that not all IRAs are creditor-proof. As a result, some basic estate planning strategies may be impacted by limited exempt property statutes and other judge-imposed limitations when it comes to protecting wealth held in an IRA.