https://newsroom.notified.com/ti-trust-inc TI-TRUST, Inc. - News https://newsroom.notified.com/ti-trust-inc/posts/news/incentive-trusts For purposes of this Study, an incentive trust is a trust that provides for distributions of income or principal to the trust beneficiary or beneficiaries upon the occurrence of certain events that the beneficiary or beneficiaries control, such as graduating from college or starting a new business, or the withholding of distributions of income or principal because of the behavior of the beneficiary or beneficiaries, such as drug or alcohol abuse or failure to be gainfully employed. carolyn.trueblood@ti-trust.com (Carolyn Trueblood) https://newsroom.notified.com/ti-trust-inc/posts/news/incentive-trusts Tue, 14 Apr 2026 14:00:00 GMT https://newsroom.notified.com/ti-trust-inc/posts/news/dont-forget-to-fund-the-trust Are you ready to answer client questions about Trump Accounts, which become available this year? The IRS delivered preliminary guidance in December. Thoughts on the new tax-preferred saving opportunity for children are in this issue of Estate Planning Briefs. carolyn.trueblood@ti-trust.com (Carolyn Trueblood) https://newsroom.notified.com/ti-trust-inc/posts/news/dont-forget-to-fund-the-trust Tue, 10 Mar 2026 14:00:00 GMT https://newsroom.notified.com/ti-trust-inc/posts/news/lifetime-transfers-part-two Louis A. Mezzullo is Of Counsel with the International Law Firm of Withers Bergman LLP. His areas of practice include estate planning, business succession planning, and planning for distributions from qualified benefit plans and IRAs. He has written fourteen books and numerous articles on these subjects. carolyn.trueblood@ti-trust.com (Carolyn Trueblood) https://newsroom.notified.com/ti-trust-inc/posts/news/lifetime-transfers-part-two Tue, 03 Feb 2026 15:00:00 GMT https://newsroom.notified.com/ti-trust-inc/posts/news/freezing-techniques Freezing techniques have long been a popular way of reducing federal transfer taxes. A freezing technique is a transaction by which an asset’s value is frozen for purposes of determining the transferor’s transfer tax base, which is the total value of his or her adjusted taxable gifts during lifetime and his or her taxable estate at death. One type of freezing technique is a sale of an asset to a grantor trust, usually on the installment basis. carolyn.trueblood@ti-trust.com (Carolyn Trueblood) https://newsroom.notified.com/ti-trust-inc/posts/news/freezing-techniques Tue, 04 Nov 2025 15:00:00 GMT https://newsroom.notified.com/ti-trust-inc/posts/news/companion-animals-in-the-estate-plan A pet owner should take four important steps to assure that his or her animal will receive proper care immediately upon the owner being unable to look after the animal—carry an animal card; prepare an animal document; post an animal sign; and execute a durable power of attorney. carolyn.trueblood@ti-trust.com (Carolyn Trueblood) https://newsroom.notified.com/ti-trust-inc/posts/news/companion-animals-in-the-estate-plan Tue, 29 Jul 2025 14:00:00 GMT https://newsroom.notified.com/ti-trust-inc/posts/news/business-succession-planning-process-for-fami Dive deeper into Family-Owned Business planning steps and prevention points. carolyn.trueblood@ti-trust.com (Carolyn Trueblood) https://newsroom.notified.com/ti-trust-inc/posts/news/business-succession-planning-process-for-fami Tue, 13 May 2025 14:00:00 GMT https://newsroom.notified.com/ti-trust-inc/posts/news/liquid-strategies-for-business-succession Business succession planning requires creativity, flexibility, and perseverance; appreciation for the family’s dynamics; knowledge of the tax and nontax law; and knowledge of the estate planning and administration issues. carolyn.trueblood@ti-trust.com (Carolyn Trueblood) https://newsroom.notified.com/ti-trust-inc/posts/news/liquid-strategies-for-business-succession Tue, 15 Apr 2025 14:00:00 GMT https://newsroom.notified.com/ti-trust-inc/posts/news/helpful-neighbor-or-undue-influence When is it too late to change beneficiaries of an estate plan? carolyn.trueblood@ti-trust.com (Carolyn Trueblood) https://newsroom.notified.com/ti-trust-inc/posts/news/helpful-neighbor-or-undue-influence Tue, 25 Mar 2025 14:00:00 GMT https://newsroom.notified.com/ti-trust-inc/posts/news/choose-the-right-proxy A designated proxy for making medical decisions didn't honor the living will in place. Read more about a real communication failure. carolyn.trueblood@ti-trust.com (Carolyn Trueblood) https://newsroom.notified.com/ti-trust-inc/posts/news/choose-the-right-proxy Wed, 15 Jan 2025 14:00:00 GMT https://newsroom.notified.com/ti-trust-inc/posts/news/the-dream-of-ai-becoming-reality Artificial intelligence (AI) is rapidly being incorporated into estate planning practices. AI products can increase the speed of estate-related documents, pleadings, briefs, and client communications. But beware, AI possesses risks that are not covered by normal professional responsibility rules. carolyn.trueblood@ti-trust.com (Carolyn Trueblood) https://newsroom.notified.com/ti-trust-inc/posts/news/the-dream-of-ai-becoming-reality Tue, 31 Dec 2024 15:00:00 GMT https://newsroom.notified.com/ti-trust-inc/posts/news/irs-smell-test-strikes-again Read how a claim simply does not pass any reasonable smell test, much less the tax law’s requirements. https://newsroom.notified.com/ti-trust-inc/posts/news/irs-smell-test-strikes-again Tue, 19 Nov 2024 15:00:00 GMT https://newsroom.notified.com/ti-trust-inc/posts/news/implications-of-buysell-agreements-on-estate The value of an asset for federal estate tax purposes is its fair market value at the time of death. Fair market value is defined as the price a willing buyer would pay a willing seller for the property or interest in property. https://newsroom.notified.com/ti-trust-inc/posts/news/implications-of-buysell-agreements-on-estate Tue, 08 Oct 2024 14:00:00 GMT https://newsroom.notified.com/ti-trust-inc/posts/news/whos-on-first-whats-on-second-i-dont-know-is We are pleased to present an Estate Planning Study by attorney Louis Mezzullo, “Naming a Trust as Beneficiary Under the Minimum Distribution Requirements.” https://newsroom.notified.com/ti-trust-inc/posts/news/whos-on-first-whats-on-second-i-dont-know-is Tue, 06 Aug 2024 14:00:00 GMT https://newsroom.notified.com/ti-trust-inc/posts/news/company-owned-life-insurance-goes-to-the-supr The U.S. Supreme Court has spoken on the estate taxation of company-owned life insurance and whether a stock redemption obligation will reduce a company’s value for estate tax purposes. https://newsroom.notified.com/ti-trust-inc/posts/news/company-owned-life-insurance-goes-to-the-supr Wed, 17 Jul 2024 17:00:00 GMT https://newsroom.notified.com/ti-trust-inc/posts/news/the-role-of-the-trust-officertrust-company-in Listen to TI-Trust, Inc. Senior Vice President of Personal Trust, Mary Schmidt, discuss the important role of a trust company https://newsroom.notified.com/ti-trust-inc/posts/news/the-role-of-the-trust-officertrust-company-in Wed, 05 Jun 2024 17:00:00 GMT https://newsroom.notified.com/ti-trust-inc/posts/news/farm-services-update-from-the-field Northeast Missouri and West-Central Illinois have trees blooming and area farm operators planting corn and soybeans at a strong pace. https://newsroom.notified.com/ti-trust-inc/posts/news/farm-services-update-from-the-field Fri, 17 May 2024 18:00:00 GMT https://newsroom.notified.com/ti-trust-inc/posts/news/jay-leno-granted-conservatorship-of-wife While a conservatorship is meant to protect the interests of the individual, it has its drawbacks. Create estate planning documents before incapacity or cognitive decline to avoid the need for a conservatorship. https://newsroom.notified.com/ti-trust-inc/posts/news/jay-leno-granted-conservatorship-of-wife Tue, 16 Apr 2024 14:15:00 GMT https://newsroom.notified.com/ti-trust-inc/posts/news/a-picture-is-worth-a-thousand-words Traditionally, the estate planner needs to include lengthy and tediously drafted descriptions in the will. However, could an estate planner alleviate the uncertainty surrounding specific gift descriptions through the insertion of photographs of the property being described? https://newsroom.notified.com/ti-trust-inc/posts/news/a-picture-is-worth-a-thousand-words Tue, 26 Mar 2024 14:00:00 GMT https://newsroom.notified.com/ti-trust-inc/posts/news/what-i-learned-from-jimmy Join Larry Shepherd as he relays lessons learned from listening to Jimmy McGill's client while watching "Better Call Saul." https://newsroom.notified.com/ti-trust-inc/posts/news/what-i-learned-from-jimmy Tue, 19 Mar 2024 14:30:00 GMT https://newsroom.notified.com/ti-trust-inc/posts/news/irs-change-of-heart-causes-consternation-amon Even if the value of a gift is difficult to calculate, the gift tax cannot be escaped. https://newsroom.notified.com/ti-trust-inc/posts/news/irs-change-of-heart-causes-consternation-amon Wed, 28 Feb 2024 15:00:00 GMT https://newsroom.notified.com/ti-trust-inc/posts/news/in-the-context-of-trust-and-estate-planning-t The Corporate Transparency Act (“CTA”) is a new federal law that will impact most owners of business entities and owners of limited liability companies. https://newsroom.notified.com/ti-trust-inc/posts/news/in-the-context-of-trust-and-estate-planning-t Tue, 02 Jan 2024 15:28:00 GMT https://newsroom.notified.com/ti-trust-inc/posts/news/being-a-trustee-can-be-costly Acting as trustee for a family trust can have major pitfalls when there is family discord. https://newsroom.notified.com/ti-trust-inc/posts/news/being-a-trustee-can-be-costly Tue, 14 Nov 2023 15:10:00 GMT https://newsroom.notified.com/ti-trust-inc/posts/news/while-coordination-might-sound-as-exciting-as Everyone understands the need for certain critical estate planning documents and financial planning. But what is often overlooked, to the detriment of many, are coordinating all of these otherwise disparate components of your planning. https://newsroom.notified.com/ti-trust-inc/posts/news/while-coordination-might-sound-as-exciting-as Tue, 12 Sep 2023 14:00:00 GMT https://newsroom.notified.com/ti-trust-inc/posts/news/farming-farm-markets-and-weather Joe Harris, Senior Vice President of Farm Services at TI-TRUST, Inc. talks with David Adam from Muddy River News about farming, farm markets, and the weather. https://newsroom.notified.com/ti-trust-inc/posts/news/farming-farm-markets-and-weather Wed, 09 Aug 2023 14:00:00 GMT https://newsroom.notified.com/ti-trust-inc/posts/news/irs-seizes-the-cello The responsible thing for business partners to do is fund a buy-sell agreement with life insurance, so as to create ready cash for the deceased partner’s estate. https://newsroom.notified.com/ti-trust-inc/posts/news/irs-seizes-the-cello Wed, 02 Aug 2023 14:00:00 GMT https://newsroom.notified.com/ti-trust-inc/posts/news/heat-and-drought-threatens-tri-state-corn-cro Excessive heat, combined with a lack of rain, threatens farm fields throughout the Midwest. Rick Edwards at TI-Trust says that could ultimately cost the consumer and more. https://newsroom.notified.com/ti-trust-inc/posts/news/heat-and-drought-threatens-tri-state-corn-cro Fri, 28 Jul 2023 14:00:00 GMT https://newsroom.notified.com/ti-trust-inc/posts/news/put-a-picture-in-that-will-and-other-testamen Put a Picture in That Will and Other Testamentary Gift Planning Ideas https://newsroom.notified.com/ti-trust-inc/posts/news/put-a-picture-in-that-will-and-other-testamen Tue, 11 Jul 2023 14:05:00 GMT https://newsroom.notified.com/ti-trust-inc/posts/news/estate-planning-study---special-issue-2023 SECURE Act 2.0 Highlights https://newsroom.notified.com/ti-trust-inc/posts/news/estate-planning-study---special-issue-2023 Tue, 23 May 2023 14:00:00 GMT https://newsroom.notified.com/ti-trust-inc/posts/news/2023-best-places-to-work-in-illinois Special Announcement!! https://newsroom.notified.com/ti-trust-inc/posts/news/2023-best-places-to-work-in-illinois Mon, 01 May 2023 13:01:00 GMT https://newsroom.notified.com/ti-trust-inc/posts/news/ti-trust-is-pleased-to-welcome-elizabeth-beth TI-TRUST is pleased to welcome Elizabeth (“Beth”) A. Di Cola as Senior Vice President of our Employee Benefits Group! https://newsroom.notified.com/ti-trust-inc/posts/news/ti-trust-is-pleased-to-welcome-elizabeth-beth Mon, 20 Mar 2023 16:12:09 GMT https://newsroom.notified.com/ti-trust-inc/posts/news/special-announcement---employee-owned TI-TRUST is now employee-owned https://newsroom.notified.com/ti-trust-inc/posts/news/special-announcement---employee-owned Thu, 23 Feb 2023 13:20:00 GMT https://newsroom.notified.com/ti-trust-inc/posts/news/year-end-briefing The IRS is catching up https://newsroom.notified.com/ti-trust-inc/posts/news/year-end-briefing Fri, 13 Jan 2023 21:30:00 GMT https://newsroom.notified.com/ti-trust-inc/posts/news/fourth-quarter-briefing Planning for Non-Fungible Token and Metaverse Assets https://newsroom.notified.com/ti-trust-inc/posts/news/fourth-quarter-briefing Tue, 13 Dec 2022 21:11:00 GMT https://newsroom.notified.com/ti-trust-inc/posts/news/third-quarter-briefing "Ask and you shall receive" sayth the IRS https://newsroom.notified.com/ti-trust-inc/posts/news/third-quarter-briefing Fri, 21 Oct 2022 19:22:11 GMT https://newsroom.notified.com/ti-trust-inc/posts/news/does-your-will-determine-who-gets-your-assets Does your will determine who gets your assets when you die? If you think of this as a trick question, it is in a way. https://newsroom.notified.com/ti-trust-inc/posts/news/does-your-will-determine-who-gets-your-assets Tue, 18 Oct 2022 15:44:16 GMT https://newsroom.notified.com/ti-trust-inc/posts/news/second-quarter-briefing Second Quarter Briefing https://newsroom.notified.com/ti-trust-inc/posts/news/second-quarter-briefing Tue, 18 Oct 2022 15:12:00 GMT https://newsroom.notified.com/ti-trust-inc/posts/news/human-aspects-of-estate-planning "Human Aspects of Estate Planning" https://newsroom.notified.com/ti-trust-inc/posts/news/human-aspects-of-estate-planning Tue, 05 Apr 2022 14:00:00 GMT https://newsroom.notified.com/ti-trust-inc/posts/news/whatll-you-do-with-me-when-im-gone "What'll you do [with me] when I'm gone" https://newsroom.notified.com/ti-trust-inc/posts/news/whatll-you-do-with-me-when-im-gone Wed, 02 Mar 2022 16:26:42 GMT https://newsroom.notified.com/ti-trust-inc/posts/news/personal-trust-december-2021-newsletter Personal Trust December 2021 Newsletter https://newsroom.notified.com/ti-trust-inc/posts/news/personal-trust-december-2021-newsletter Mon, 27 Dec 2021 15:48:00 GMT https://newsroom.notified.com/ti-trust-inc/posts/news/ti-trust-inc-farm-services-update FARM SERVICES UPDATE December 2021 https://newsroom.notified.com/ti-trust-inc/posts/news/ti-trust-inc-farm-services-update Tue, 14 Dec 2021 22:12:00 GMT https://newsroom.notified.com/ti-trust-inc/posts/news/personal-trust-november-2021-newsletter Personal Trust November 2021 Newsletter https://newsroom.notified.com/ti-trust-inc/posts/news/personal-trust-november-2021-newsletter Wed, 17 Nov 2021 21:09:00 GMT https://newsroom.notified.com/ti-trust-inc/posts/news/20-under-40-jennifer-sousa The Quincy Herald-Whig has selected our very own, Jennifer Sousa, as one of their 2021 "20 under 40" award winners that honor local business and community leaders. https://newsroom.notified.com/ti-trust-inc/posts/news/20-under-40-jennifer-sousa Tue, 16 Nov 2021 23:26:00 GMT https://newsroom.notified.com/ti-trust-inc/posts/news/ti-trust-inc-announces-additional-certified-g TI-TRUST, Inc. Announces Additional Certified General Real Estate Appraiser to The Farm Services Group https://newsroom.notified.com/ti-trust-inc/posts/news/ti-trust-inc-announces-additional-certified-g Tue, 16 Nov 2021 14:50:00 GMT https://newsroom.notified.com/ti-trust-inc/posts/news/personal-trust-october-2021-newsletter Personal Trust October 2021 Newsletter https://newsroom.notified.com/ti-trust-inc/posts/news/personal-trust-october-2021-newsletter Wed, 27 Oct 2021 14:35:55 GMT https://newsroom.notified.com/ti-trust-inc/posts/news/personal-trust-fourth-quarter-2021-briefing Personal Trust Fourth Quarter 2021 Briefing https://newsroom.notified.com/ti-trust-inc/posts/news/personal-trust-fourth-quarter-2021-briefing Tue, 05 Oct 2021 20:05:00 GMT https://newsroom.notified.com/ti-trust-inc/posts/news/personal-trust-third-quarter-2021-update Personal Trust Third Quarter 2021 Update https://newsroom.notified.com/ti-trust-inc/posts/news/personal-trust-third-quarter-2021-update Wed, 15 Sep 2021 13:15:00 GMT https://newsroom.notified.com/ti-trust-inc/posts/news/personal-trust-july-2021-newsletter Personal Trust July 2021 Newsletter https://newsroom.notified.com/ti-trust-inc/posts/news/personal-trust-july-2021-newsletter Wed, 14 Jul 2021 18:55:10 GMT https://newsroom.notified.com/ti-trust-inc/posts/news/personal-trust-june-2021-part-2-newsletter Estate Planning Brief https://newsroom.notified.com/ti-trust-inc/posts/news/personal-trust-june-2021-part-2-newsletter Tue, 29 Jun 2021 15:19:51 GMT https://newsroom.notified.com/ti-trust-inc/posts/news/personal-trust-mayjune-2021-newsletter Personal Trust May/June 2021 Newsletter https://newsroom.notified.com/ti-trust-inc/posts/news/personal-trust-mayjune-2021-newsletter Wed, 16 Jun 2021 14:25:33 GMT https://newsroom.notified.com/ti-trust-inc/posts/news/how-to-administer-your-irrevocable-trust Personal Trust Second Quarter 2021 Newsletter https://newsroom.notified.com/ti-trust-inc/posts/news/how-to-administer-your-irrevocable-trust Mon, 19 Apr 2021 13:00:00 GMT