Wealth Management

Account Management Options for Persons with Dementia or Diminished Capacity

September 25, 2019, by Mac Frasier

A new diagnosis of Dementia can lead to many questions for both patients and caregivers. After the inquiries about medical care and treatment options the focus generally turns towards the management of a patient’s financial assets. In early stages of dementia that patient may be able to contribute in the planning process and still sign legal documents. In fact, the Alzheimer’s Association states, “As long as the person has the legal capacity (the ability to...

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Planning Checklist for persons recently diagnosed with Dementia

, by Mac Frasier

After receiving a diagnosis of dementia, the thought of all the planning that needs to take place can be a great source of anxiety for both caregiver and patients.  However, getting started with planning sooner can allow the person with dementia to play a more active role in planning for their care.  While there are many things that need to be discussed when it comes to planning, they can really be divided into 3 key...

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Common Cents & Tragedies on August 9, 2019

August 9, 2019, by John Norris

Most people reading this will know the stock market fell apart this past Monday (8/5/19). At one point, it looked as though the Dow Jones Industrial Average (Dow) would close down in excess of 1,000 points. In fact, I would have bet on that at some points during the day. The vibe was that bad. Fortunately, if you want to call it that, the Dow ended the day only 767.27 points lower than where it...

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Common Cents & Cryptocurrencies on July 12, 2019

July 12, 2019, by John Norris

Long years ago, when I was four, my sister and I found a quarter outside a grocery/delicatessen named Browdy’s here in town. More appropriately, I saw said quarter on the ground, and my nine-year old sister pushed me out of the way to pick it up. No matter, as she bought a fistful of hard candies and bubble gum for us to share, and a candy bar for herself. At the time, I thought it...

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Common Cents & Fried Chicken on July 5, 2019

July 5, 2019, by John Norris

Not surprisingly, a fair number of people took a vacation day today in order to turn the 4th of July into a 4-day weekend. So, I thought it would be nice to provide lunch for the wealth management associates who didn’t do so. Having done this sort of thing numerous times in the past, I find it best not to take individual orders, and simply order something on which most people can agree. For instance,...

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Market Updates via Text Messaging

April 11, 2019, by Lindsey Owens Krausen

Receive Real-Time Market Updates on your Mobile Device Oakworth now has the ability to text!  We believe communication is very important and with all the volatility in the market in recent quarters, we want to give all our clients the option to receive information in real time. If you are interested in receiving exclusive market updates from John Norris, you can subscribe to our messaging list by texting INVESTOCB to 55222 or by reaching out...

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Your 2018 Taxes: What to Expect

January 23, 2019, by Lindsey Owens Krausen

It’s that time of year again.  Tax time.  Before you file your 2018 taxes, we wanted to share an overview of the key tax changes affecting individuals made by the Tax Cuts and Jobs Act of 2017. Although this is just a general overview, we found this article to be very beneficial in helping our clients understand some of the key changes. Taxpayers should anticipate some big changes when they file their 2018 federal income...

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Rethinking Retirement

, by Lindsey Owens Krausen

Retirement: Sounds great, right?  Traveling, taking those cooking classes you’ve always wanted to take, or even just the thought of relaxing sounds fantastic.  On the flip side, what will you do with all the extra time? Additionally, you could be missing out on valuable employee benefits and opportunities to continue expanding your financial horizons.  Although there are many perks to retirement, there are also many perks to postponing your retirement as well.  More and more...

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Dear John

, by Lindsey Owens Krausen

Chief Economist, John Norris, answers the most commonly asked questions. Dear John, What is your biggest prediction for 2019? My biggest prediction? I tend to compartmentalize things. For instance, I don’t have one favorite movie. Instead, I have a favorite comedy, a favorite drama, a favorite war flick, and so on. The same is true for restaurants; my favorite place for pizza, burgers, etc. For this reason, I don’t have just one big prediction. So,...

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Common Cents for November 2, 2018

November 1, 2018, by John Norris

The opinions expressed herein are those solely of John Norris, and do not necessarily reflect the views or opinions of Oakworth Capital Bank, its management, its ownership, or its associates. The $64,000 Question here at the end this week is: “who is going to win the midterm elections this upcoming Tuesday?” I am going to go out on a very short limb and say the media outlets will, as millions of us will tune into the...

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