2021-09-15 13:15News

Personal Trust Third Quarter 2021 Update

Congress is now working on SECURE 2.0.  Among other things, the legislation could lift the age for beginning required minimum distributions from retirement plans to 75 from the current 72. Details are in this issue of Estate Planning Briefs.

Other briefly noted items include:

            • Progress for the Prince estate
            • Resistance to basis step-up repeal
            • No tax on gift for services
            • Ignorance may be an excuse after all
            • Can an IRA be too large?

We are pleased to announce that we have moved our Hinsdale office to Oak Brook.  Our new address for this office is:
                        600 W. 22nd St., Suite 308
                        Oak Brook, IL  60523

 When you or your clients are in need of fiduciary services, please keep TI-TRUST in mind.

Read the Third Quarter Update Here



About TI-TRUST, Inc.

TI-TRUST is a leading provider of fiduciary services for Employee Benefits, Personal Trust, and Farm Services. With solid core values and decades of proven commitment to high ethical standards, our experienced team of financial, legal, and administrative professionals is dedicated to earning and maintaining the trust and confidence of our clients. Founded more than sixty years ago in Quincy, Illinois, today, we have locations in five states and hold more than $12 billion in managed assets for individuals and institutions nationwide.

Contacts

Larry Shepherd
Executive Vice President, Personal Trust
Larry Shepherd