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Washington Trust Wealth Management Blog

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Timely advice & commentary about investing, taxes, financial planning and more.


By Washington Trust / June 8, 2016
Managing estate taxes can be a significant challenge for many affluent families and individuals. Therefore, careful planning is the best way to reduce estate taxes and maximize assets transferred to heirs. In the absence of an adequate plan, heirloom property or a family business that involved a lifetime of hard work may have to be sold to satisfy tax obligations. Fortunately, there are several unique planning mechanisms that can help individuals maintain wealth for generations to come. One such tool is the dynasty trust.

Life Insurance: Protecting Today's Assets and Tomorrow's Heirs
By Washington Trust / May 13, 2016
An effective financial plan includes reexamining your life insurance needs continually throughout your life.

Creating a Plan for Effective Wealth Transfer
By Washington Trust / May 13, 2016
Have you implemented estate planning strategies to help pass along more of your wealth to your heirs? If not, this article will motivate you to do so.

Perspectives & Planning Spring 2016
By Washington Trust / April 15, 2016
This quarter’s newsletter highlights our outlook for the global economy and capital markets. Despite a rocky start to 2016, we remain fairly optimistic on the outlook for both the U.S. economy and financial markets.

Five Things to Do Before Meeting With an Advisor
By Washington Trust / April 1, 2016
Americans' financial lives are increasingly complex. It's not unusual to have checking and savings accounts, a 401(k), IRAs, and other personal investments. Keeping track of all your savings and investments has prompted many individuals to seek guidance. If you are part of this growing majority, you may have already scheduled a meeting with an advisor. To make the most of your time together, keep this pre-meeting checklist in mind.

Ensuring Your Family's Security
By Washington Trust / April 1, 2016
To protect your family's financial well being, take a tip from the Boy Scouts and "be prepared." Look over this checklist to see if all your bases are covered in the event of a debilitating injury or death.

How to Bring Charitable Giving Into Your Financial Plan
By Washington Trust / March 7, 2016
If helping others is one of your financial goals, consider tools and strategies that may help you maximize your charitable gifts.

What is a Living Trust?
By Washington Trust / March 7, 2016
A living trust is one of the most prevalent estate planning tools in use today. Most people use a living trust instead of a will to avoid probate, a court-supervised process for transferring assets to the beneficiaries listed in your will, which can be expensive and exposes your estate to public record. A living will does not avoid the estate tax but makes the settlement process much easier.

By Washington Trust / February 8, 2016
Executors, and in certain situations beneficiaries who are in possession of inherited assets, are now subject to additional reporting requirements relating to the estate tax value under the Surface Transportation and Veterans Health Care Choice Improvement Act of 2015 (the “Act”).

Women, Wealth, and Legacy Planning
By Washington Trust / February 8, 2016
Whether nurturing the values of children, fulfilling charitable goals, or making investment decisions that affect their own as well as their beneficiaries' financial security, women play a central role in establishing and preserving family wealth.

The opinions expressed in this blog are those of the author and may not reflect those of Washington Trust Wealth Management. The information in this report has been obtained from sources believed to be reliable, but its accuracy and completeness are not guaranteed. Any opinions expressed herein are subject to change at any time without notice. Any person relying upon this information shall be solely responsible for the consequences of such reliance. Performance is historical and does not guarantee future results.

Such information does not constitute legal or professional advice as all situations are unique and are based on individual facts and circumstances.

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