This column was first published in the Knoxville News Sentinel on December 12, 2018 We all fall into traps that have the potential to take us off track of achieving our financial goals. Some of us are more conservative with our money than we can afford, and some of us are more aggressive than we should be. There are four …
Trust is the foundation of love and one of the key elements of what binds families together. A financial trust can function much the same, helping you to care for the most important people in your life after you are gone. What is a Trust? A trust is a fiduciary relationship in which a grantor transfers assets to a trustee, …
This article originally appeared in the Knoxville News Sentinel’s business column on November 18, 2018. As this year is drawing to an end, here are a few random thoughts related to the markets. October was one of the worst months for stocks that we’ve seen in years, but there is likely a bright future ahead. Since 1950, the S&P 500 …
This article by Roger Shirley first appeared in The Tennessee Banker November/December 2018 issue. Sharon Miller Pryse didn’t start out to be the owner and chief executive of a highly successful trust company. Personal drive, ambition, an entrepreneurial spirit, and at the right place at the right time early in her career, however, came together to set that course. Pryse …
During retirement planning, there are many considerations and an important one is social security. You may be asking yourself questions like: When should I claim social security? Should I collect my social security as soon as I’m eligible? After all, I did pay into it all these years, so I’m entitled to it, right? Besides, it may run out so …
By Cortney Roark, published in the Knoxville News Sentinel on February 5, 2018 As founder and CEO of the Trust Company, which manages $3 billion in assets, it’s expected that Sharon Pryse has a roomy office. What’s not as expected is the seat she chooses when guests enter the room. When clients – or a reporter and photographer – walk …
Imagine building your business over several decades, beginning to plan your business exit, then dying unexpectedly before you can implement your plans. Business owners rarely think about how an unexpected death or permanent incapacitation can derail even the most carefully created plans. And it makes sense: If you were always worried about what could go wrong, chances are you’d have …
This article originally appeared in the Knoxville News Sentinel’s business column on September 30, 2018. Alright everybody, let’s get around to it. There are all these items on our to-do lists that we keep putting off. Cleaning out the closet, giving away clothes that we haven’t worn in two years, and sorting through that junk drawer that just keeps getting …
This article originally appeared in the Knoxville News Sentinel’s business column on August 19, 2018. The sky is falling, the sky is falling. Sell, sky! We’re all waiting for the next stock market correction. I received another email this week asking, “Isn’t it time for a big collapse? Should I sell?” There are a number of factors to consider regarding …
