Banknotes Blog

Senate Bill 451: Understanding the Differences Between Credit Unions and Banks

By: Stephen Eager

The Wisconsin State Senate is currently considering a bill to help modernize some language that no longer applies in today’s financial landscape, and therefore causes some administrative hassles for credit unions, specifically. To be clear, we are in support of the majority of the bill. However, there are four provisions that blur the lines between credit unions and banks that we believe should be removed.

Estate planning is an important element of financial preparedness. It confers a wide range of important benefits on you, your family, and possibly others. One group of benefits accrues during your lifetime, while the other set addresses post-death considerations. Let’s explore both.

Choosing the right person to administer your estate can be hard. Many feel compelled to choose a family member, not realizing there are other, perhaps better, options.

A full banking relationship offers peace of mind by saving time, money, and stress.

Jumpstarting your net worth comes down to a couple of key things: mindset and behavior.

This presentation highlights differences between wills and trusts, as well as how to protect one's savings and legacy from probate, estate taxes, etc.

When it comes to estate planning, many have questions about which route is best: Creating a trust or simply drafting a will. The answer is, it depends.

Now, more than ever, it's important to get our future plans in order. Use this extra time and our checklist to "spring clean" your financial future!

It's important to create thoughtful order in your financial life, and that includes providing for proper care and administration of your estate.

Do you know when and how to leave your estate to the recipients of your assets? There are three basic options for your estate planning.

When a loved one passes away there are many financial matters that must be addressed.

As a general rule, there are 4 ways to leave a legacy: (1) by will, (2) by trust, (3) by beneficiary designation, and (4) by joint ownership arrangements.

When the time comes, you probably want to control how your estate's distributed to the people or organizations you care most about. THAT's Estate Planning.

Good estate planning necessitates a team of trusted advisors to ensure the plan meets financial, family and health situations. Follow these six steps.

Does your business have a short-term contingency plan? Contingency planning is an essential part to preparing for unexpected absence from the business.

Have you ever wondered how many documents are necessary to have a well-crafted estate plan? The short answer is often: “more than you think.”

At some point, we may inherit a home/other real property. Consulting with professionals improves one’s chances of doing so under favorable circumstances.

Whether your plan is to retire cold-turkey or transition more slowly, there are a few things to keep in mind to make the process easier.

If you’ve had a big life change, it's a good time to go over your estate plan. Here are a few life events that could trigger a review of your documents.

Sign Up For Our Newsletter

Wealthways Podcast

Wealthways is a casual, weekly conversation centered around female empowerment, moving upward, and all things wealth. Listen in as guests explore their own definitions of wealth – be they in terms of money, experience, wisdom, or any other multitude of things – and their personal journeys to achieving it.