Top considerations for a funeral trust that works for you and your clients
Funeral trusts and death care trusts can be complex, whether you own a cemetery or funeral home, or are a municipality that manages memorial parks or cemeteries. A trust program can be beneficial to both your organization and your clients—potentially generating trust income to help maintain your business while offering your clients a way to prepare for their funeral and cemetery care expenses.
Wrapping up a year of fighting for a world free of cancer
This year, approximately 1.8 million people in the U.S. will be diagnosed with cancer. In the hope to find a cure, UMB Bank was proud to sponsor the American Cancer Society’s Champions of Hope Gala. Every dollar raised at this highly successful event directly impacts the St. Louis community by helping people who are battling the disease, providing education, raising awareness about early detection and funding cancer research.
The power of the pause: The age of the mini recession
There seems to be a common consensus these days that we are due for a recession. It’s understandable why many may believe this: Over the past 40 years, the U.S. has experienced a recession approximately every 10 years (1980-82, 1990-91, 2001, 2008-09).
The Banking Brief: Lending is Strong, but Planning for Tomorrow is Paramount
For nearly a decade, the economy has been in growth mode, interest rates have benefited businesses and unemployment numbers remain at all-time lows. Zach Fee, president of regional banking for UMB Bank, talks about what this means for commercial lending and what we can expect in the months ahead.
Figuring out the fiduciary standard
If you’re considering working with a financial advisor, or even if you’re already working with one, chances are you’ve heard the term “fiduciary standard”. But what does it mean – and how does it apply to you and the advisor you’re working with? There can be some confusion, and we’re here to help sort it out.*