January 2014

24 Jan

Why Withdrawing from Your B Trust Now Could Save You Money Later

Each year, you're eligible to withdraw a certain amount of money from your B trust. In addition to the income generated by your trust—which you're free to take out—some trusts will allow you to make an additional withdrawal of up to 5% of the value of your account, as long as the money is taken out within the first 45 days of the year. While it may seem smart to keep as much money in your B trust as possible, withdrawing the maximum amount can actually benefit you in the long run.

15 Jan


Parkshore Videos Introducing Daniel C. Andersen, CFP®, Vice President, Parkshore Wealth Management Daniel Andersen grew up learning about financial planning from his father and grandfather. Those early lessons inspired him to join the family business and pursue a career as a financial advisor with...