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Asset Preservation Advisors


State: GA

APA’s philosophy is to work closely with our clients to develop an in-depth understanding of their unique needs and objectives. We then customize a municipal bond portfolio that best meets their specific goals and needs. APA manages high quality municipal bond portfolios in four strategies: Short-Term, Intermediate-Term, High Income, and Taxable.

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March 19, 2015 Millionaire fact of the Day

March 19, 2015 Fact of the Day:  Do you have an estate plan?



DID YOU KNOW THAT…….at the end of 2013, there were $948 billion held in personal trust assets at major banks in the U.S.  ?  Why is this important?








In 1999, there were more than $1 trillion of personal trust assets held in banks.  And in 2007, there was $1.1 trillion of personal trust assets held in these banks.  So why is the number lower now?

A few reasons.  First, the most recent level of trust assets is based upon year end 2013 data….because the 2014 data will not be available from the banks until later in the year.  It is anticipated that due to the increase in the stock market that these numbers will also increase.

Overall, these numbers are actually rather flat if market dynamics are taken out.  Why?  Because fewer individuals are actually placing their assets into formal trusts held at banks.  Most have a hodge-podge of accounts that are managed by various advisors and the assets are held in the name of a trust.  A family member is often the trustee….or until one’s death, the grantor acts as trustee.

Should you care?  It depends.  As Baby Boomers age, they need to start thinking about how their assets will be managed upon their death…and how their family will divide the assets.  Do you think your children can remain amicable throughout this stressful and somewhat emotional event?  If not, maybe you should consider a trustee.

If you need to figure out the most effective way to deal with your estate, check out our Best Advisors….