Wealth Management Newsroom

A Last Will and Testament and a Revocable Trust are two essential tools for distributing assets — but which one is the right fit for your estate plan?

Reading headlines about huge swings in the financial markets can be stressful for even the most seasoned investors. It’s natural to feel uneasy watching portfolio values fluctuate, but moments like these also present opportunities. In our view, volatility can become a tool rather than a threat.

There are many things one can do to ensure a smooth transfer of assets from donor to beneficiary prior to death.

Travis Simpson, Regional President at Northwest Bank is pleased to announce that Jared Barnett has accepted the position as Wealth Advisor with Northwest Wealth Management in West Des Moines, IA.

Transferring wealth is a complex process that requires careful planning, clear communication, and regular updates. Your estate plan, which includes your legacy plan and trust documents, ensures that your wealth is distributed according to your wishes. However, without proper planning, costly mistakes—sometimes irreversible—can occur.

April 15 might still feel far away, but as the tax filing deadline approaches, you might hear people saying, “My refund was huge” or “I can’t believe I owed that much this year!” With these phrases common, taxpayers may need a reminder about why they received a refund or a big bill.

Many individuals work tirelessly to build their wealth over the years. As retirement approaches, the focus often shifts from accumulating wealth to finding ways to truly enjoy it. Why is this so important?

As we step into 2025, it's the perfect time to set financial intentions for a prosperous year. Budgeting can help, so let's debunk common myths, explore how to create a sustainable budgeting system, and share strategies to stay on track.

Read this article for key tax planning considerations and opportunities to keep in mind as we transition into 2025.