The Morning View: September 19, 2023
From our colleagues at our sister company, Argent Trust: https://player.vimeo.com/video/866006466?badge=0&autopause=0&player_id=0&app_id=58479 In this morning’s data, Housing Starts were much less than expected at 1,283,000 in August, which is a -11.3%...
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When Your Legal Documents Don’t Mean What You Thought They Meant
BY: Quin Swiney, J.D.| Assistant Vice President/Trust Administration, AmeriTrust CorporationBY: Kenny Brown, Jr., MBA | Senior Vice President, Chief Operating Officer, AmeriTrust In the popular movie The Princess Bride, one of the funniest scenes features the villain...
Does Your Trust Have an Environmental Indemnification Clause?
BY: TIMOTHY BARRETT, J.D.Trust Counsel, Argent Trust Trusts that include farmland, industrial or commercial property could have this clause, so it’s important to know what it means and why it's there. Originally published on Kiplinger.com July 21, 2023 I cannot say...
The Cool, Refreshing Waters of a River
BY: Jonathan D. Berry, J.D. Senior Vice President(817) 502-2931 Legacy is an obtuse word. What is a legacy? What does it mean? Are there different definitions of Legacy? Is everyone’s Legacy the same? How do we help our clients plan their legacies? An early mentor of...
The Morning View: July 12, 2023
From our colleagues at our sister company, Argent Trust: https://player.vimeo.com/video/844616838?badge=0&autopause=0&player_id=0&app_id=58479 In this morning’s data, the Consumer Price Index increased 0.2% in June, less than expected. It grew 3.0% on an...
Market Update -July 2023
Second Quarter 2023 Market Recap Global equities continued to rally in the second quarter of the year, led again by surging U.S. mega-cap tech/growth stocks, particularly anything artificial intelligence (AI) related. The S&P 500 index gained 6.6% in June and 8.7%...
The Morning View: July 7, 2023
From our colleagues at our sister company, Argent Trust: Announced this morning, the economy added 209,000 jobs in June, less than expected and the previous month was revised lower. The Health Care and Social Assistance industry and Government jobs were again...
In Estate Planning, Your Values Can Play a Key Role
Parents who want to maintain some control over an inheritance and promote their values after they’re gone can leave a portion, or all, of their estate in further trust. Originally published on Kiplinger.com June 27, 2023 Being a parent of five independently minded and...
Investment Outlook – July 2023
BY: Jim McElroy Bull Market or Just Bull If a bull market can be defined as one which has increased 20% from a previous low, then the S&P 500 entered bull market territory on June 8, 2023, after a bear market low on October 12, 2022. Counting October 12 as the...
Fixed Income Update – July 2023
2nd Quarter 2023 Fixed Income Review Despite a rising Fed Funds rate and “hawkish” rhetoric from members of the Federal Open Market Committee (the FOMC) most fixed income sectors have experienced positive performance year-to-date The FOMC hiked its Fed Funds target...