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Category: Wealth Management

Born before Jan. 2, 1954? You could be leaving free money on the table

September 24, 2020 by The Trust Company of Tennessee

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In most cases, it is to your advantage to delay drawing Social Security benefits until you reach age 70. Your benefit amount increases by 8% each year that you wait to draw your benefit until you are 70. Of course, there are exceptions to every rule, … [Read more...]

Navigating divorce settlements in uncertain times

April 23, 2020 by The Trust Company of Tennessee

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Divorce is wrought with emotions – fear, uncertainty, maybe even anger. Add a global pandemic and bear market to the mix and it can be nearly impossible to feel as if you are making any decisions with clarity. You are likely seeing account values … [Read more...]

Focus on what you can control

March 16, 2020 by The Trust Company of Tennessee

On March 11th, 2020, the Dow Jones Industrial Average entered bear market territory for the first time in 11 years, followed by the S&P 500 and the Nasdaq the next day. A bear market is defined as a sustained period of downward trending stock … [Read more...]

Talking about money with your spouse

February 28, 2020 by The Trust Company of Tennessee

February – the month of love. This month, let’s switch gears from talking about divorce to talking about how to have productive conversations with your spouse about money. “Money Issues” is consistently named as one of the top causes for divorce, … [Read more...]

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