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Ask a trust officer: What is a “corporate fiduciary”? January 27, 2021 DEAR TRUST OFFICER: I understand that you are a “corporate fiduciary.” What is that exactly? Aren’t you just a different flavor of a stockbroker or financial planner?—SHOPPING FOR ADVICE DEAR SHOPPING: “Fiduciary” is a legal term that describes the duties... Click Here To Read More
Five Reasons for a Trust January 27, 2021 You might think that the doubling of the amount exempt from federal estate and gift tax ($11.7 million per person in 2021) would reduce the need for estate planning, given that so few families will now need to worry about this tax. But you would be wrong in that thought, because controlling estate... Click Here To Read More
Ask a Trust Officer: Split-interest charitable trusts January 27, 2021 DEAR TRUST OFFICER:  I’m going to make a major charitable gift to my alma mater, but I also need to provide for my heirs. How can I balance these competing interests? —BUDDING PHILANTHROPIST DEAR BUDDING: Explore a split-interest charitable trust.  Such a trust has both... Click Here To Read More
It's 2021: Time to Check Your Tax Bracket January 25, 2021 Will your tax bracket change in 2021? Each year the tax rate schedules are adjusted for inflation. That could result in your income being subject to a higher or lower tax rate in the new year. It’s especially important to check your tax bracket for this year if your taxable income was lower in... Click Here To Read More
Centier Bank Appoints Marcus Mayer as Branch Manager in Merrillville January 21, 2021 MERRILLVILLE, Ind. – Michael E. Schrage, Chairman and CEO of Centier Bank, is pleased to announce the recent appointment of Marcus Mayer as Branch Manager of the bank’s Merrillville branch, located at 8310 Broadway Ave. Mayer joined Centier Bank in 2020 after working a decade in... Click Here To Read More
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