Articles: Trust and Estate

Endwell, NY – With a recent employee-led campaign, Visions Federal Credit Union employees were responsible for raising over $20,000 to support the American Heart Association (AHA). The campaign was led by Dan Spence, Visions' Director of Business and Indirect Development, who al…

Powers of Attorney An important document that everyone should consider as part of their estate planning is a power of attorney. This is a legal document that gives another adult person – or even a Trust Department like at Visions – the authority to act on your behalf and make de…

A Will is Not the Only Way Today marks the largest intergenerational wealth transfer in history, with $30 trillion in assets projected to pass from baby boomers to their heirs in the United States alone. Yet 60% of American adults don't have an estate plan. Plan ahead for the po…

Do I Need an Estate Plan? Even if you don't create an estate plan, your state has a contingency – but you may not like it! If you don't create an estate plan, your state will. The law of intestate succession is your state's default estate plan for those who fail to plan ahead.…

Designating a Trust as an IRA Beneficiary An important part of estate planning is designating a beneficiary for your IRA. After all, what's key is making sure your loved ones are in good hands and that your wishes are being fulfilled. Not all families and beneficiaries are the…