News & Insights

Resources on Trusts, Investments, Estate Planning, Financial Issues, and Living Well

Can I Stay In My House If Someone Else Is Trustee?

Can I Stay In My House If Someone Else Is Trustee?

Individuals searching for a corporate trustee often wonder what happens to homes after incapacity or death. As a trust officer, I understand your concerns about who will care for your home if you can’t. The most common concerns are: 1) aging in place in my home; 2) selling my home after incapacity or death; and, [...]
Trust Officer : A Trusted Advisor

Trust Officer : A Trusted Advisor

A trusted advisor is someone who works with your best interests in mind, making decisions based on your desired outcomes and future needs.  Being mindful of those that you choose to be in your inner-circle to advocate when you need them the most is essential.  Working amongst the vulnerabilities of older adults and individuals with [...]
The Gift of Hospice

The Gift of Hospice

When the doctors say, “there is nothing more we can do,” hospice says, “yes, there is—we can provide comfort care.” While most people connect hospice to dying, I like to think of hospice as a gift. Hospice helps people live as fully and as comfortably as possible after it has been determined that medical treatment [...]
What is Securities Custody?

What is Securities Custody?

One of Mission’s core services, Securities Custody, is a term widely used by the securities and banking industries, but is not commonly understood by the investing public.  So, what in the world does it mean? A “Custodian” is a financial institution (trust company, bank, brokerage firm) that keeps custody of stocks, bonds, and other assets. [...]
The CARES Act Provides Relief for IRA Owners in a Turbulent Market

The CARES Act Provides Relief for IRA Owners in a Turbulent Market

Many retirees are worried about taking a required minimum distribution (RMD) in a down market and uncertain times. On March 27, 2020, President Trump signed the Coronavirus Aid, Relief, and Economic Security (CARES) Act into law, which alleviates this worry by suspending RMDs for 2020. Congress’s aim in suspending RMDs was to provide relief to [...]
How Does Mission Protect My Assets?

How Does Mission Protect My Assets?

Customers may wonder how their assets held in trust departments are safeguarded. Here is a brief explanation of how extensive regulation, examination, and sound practices protect a trust company customer’s interests. Who supervises Mission Management & Trust Co.? Trust companies often act as both custodian and investment manager of client assets. Institutions that offer these [...]
Segregating Client and Corporate Assets

Segregating Client and Corporate Assets

Fiduciary duty is of the utmost importance for us at Mission – in fact, it is our mission to ensure that our clients’ best interests are protected. The segregation of client assets from corporate assets is one of the ways we protect clients’ best interests. Mission maintains and routinely tests its own internal controls and [...]
Accounting for Every Cent

Accounting for Every Cent

Ever wonder how financial professionals account for your assets? Every financial institution has an operations team (the “back office”) that accounts for every cent in your account. At Mission, our Operations team is local, personal and accessible. We have two full-time staff members that take a hands-on approach to posting and balancing the daily transactions [...]
Choosing The Best Trustee For The Job

Choosing The Best Trustee For The Job

You have what it takes to be the trustee of your trust. You are responsible and sensitive to the needs of your trust’s beneficiaries. You understand business and investments. You can easily manage your trust assets. You assumed the role of trustee without much thought and it’s been an easy experience. Remember, however, that it [...]
«45Page 6 of 878

SUBSCRIBE

Enter your name and email address to receive new content posted to Mission’s News & Insights.

    Thank you for your interest in Mission Management & Trust Co.

    We will not share your email or send solicitations. Opt-out anytime with one click.