In the arena of professional fiduciary services companies, River Community Fiduciary Services, Inc. (RCFS) has carved a niche for themselves by providing top-tier fiduciary services that cater to a diverse clientele, ensuring that their financial and personal affairs are managed with the utmost dignity, and integrity.
Improving Lives, Protecting Futures: River Communities Fiduciary Services Read More »
The Third Party Funded Supplemental Needs Trust permits a family to plan and financially provide for an individual with disabilities without affecting the individual’s eligibility for government benefits. This type of a trust is a very effective tool, but it requires very careful advance planning.
Third Party Supplemental Needs Trusts: How Families Can Plan Ahead Read More »
Supplemental Needs Pooled Trusts … permit assets, which would otherwise disqualify an individual from receiving SSI (Supplemental Security Income), or Medical Assistance (some states use MA, Medicaid, or have other names for this benefit), to be placed in a trust account and not render the individual ineligible.
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Charities and nonprofit organizations often rely solely on donations to fund their missions. Interestingly, according to Charity Navigator, half of all nonprofits in the U.S. receive the bulk of their funding during the last quarter of the year.
Trust Matters Shocktober: A Spooky Month For Investors? Financial Planning Just when you thought hair-raising ghosts and creepy crawlies were the biggest scares this month…Welcome to October, one of the most feared months on the financial calendar. Why? Take a look back in history, for precedence: The Bank Panic of October 1907. This
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Trust Matters Financial Planning For Kids: Simple Tips to Teach Children How to Save Financial Planning Do your children see you pay with plastic? Do they truly understand the value of a dollar and realize money doesn’t grow on trees. Why not get your kids started on the right foot financially by teaching
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Trust Matters Your Successful Side Hustle Financial Planning In today’s dynamic economy, side hustles have emerged not only as a means of creative expression but also as integral components of strategic financial planning. Beyond just fulfilling passions, these supplementary endeavors offer individuals the opportunity to bolster their income, accelerate savings, and cultivate financial
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Trust Matters Financial Planning: Tips For New College Grads Financial Planning Ah, spring is here! The birds are singing, the sun is shining, the flowers are blooming… and your whole life is stretching out before you – congratulations! As a new college grad, you may now be launching into your career with your
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Trust Matters Easy Ways to Boost Your Financial Literacy Financial Planning April is Financial Literacy Month, a national campaign to raise awareness about financial literacy and promote financial education. In this month, organizations nationwide carry out a variety of events, learning opportunities, and initiatives to improve financial literacy, especially among our nation’s youth.
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When is it time to see a financial advisor? You’ve likely been successfully managing your money for decades, but certain long-term goals and life events may necessitate the integration of a professional, stepping in to assist when financial situations become too emotional, confusing, or complex to handle alone.
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When January rolls around, many pin their hopes on resolutions related to health and wellness or new skills or hobbies; however, one area of aspiration that shouldn’t be overlooked is financial health.
Financial Resolutions Worth Keeping Read More »
Trust Matters Medicaid Planning: Safeguarding Assets and Benefits Financial Planning, Long Term Care, Medicaid, Medical Assistance Planning to protect assets and benefits Medicaid Planning enables the movement of countable, unprotected assets into non-countable, protected positions to legally shift the burden for the cost of an individual’s care onto the government. Additionally, Medicaid Planning
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Supplemental Needs Pooled Trusts…permit assets which would otherwise disqualify an individual from receiving or becoming eligible for Supplemental Security Income (SSI), or Medical Assistance (MA, Medicaid) to be placed in a trust and not render the individual ineligible.
Jump Into the Pool for Christmas: Supplemental Needs Pooled Trust Read More »
A Third-Party Funded Supplemental Needs Trust permits someone to plan and financially provide for an individual with disabilities without affecting the individual’s eligibility for government benefits. These trusts are created and funded by a third party (the Settlor), – someone other than the individual with disabilities.
Ensuring Financial Security: Third-Party Supplemental Needs Trusts Read More »
An Irrevocable Education Trust is specifically designed to pay for education expenses. This type of trust typically requires that trust assets must be disbursed only towards the Beneficiary’s tuition and any expenses directly related to their education.
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