What does “Peace of Mind really mean”? During this uncertain time, especially with Coronavirus, this is a question many have been pondering. In the last couple of weeks, two friends of mine lost their husbands suddenly, coupled with the potential impact of this virus, these are scary times for all of us. At Old North State Trust, knowing that your loved ones will be taken care of when you’re sick or gone, and that a good plan will protect your hard-earned funds is our top priority. We believe that being a good fiduciary and partner is having someone you can trust, you can depend on in the good times and bad, (which we are experiencing right now in various forms), and someone that won’t pressure you with dishonest sales tactics or who puts their own interests above your own. We believe that’s what managing your legacy is all about! And we don’t take that responsibility lightly!
With the current bumps and bruises caused by the decline in account values, people are feeling anxious and want reassurance. While not to belittle the virus, the lifecycle of it is far shorter than the investment time horizon for most of our clients. The construction of our portfolios considers the uncertainties of the market and the global nature of investing. This is why our Investment Policy Statements we create for our accounts are so important in keeping us on the long-term road to financial success. This long-term approach to investing enables Old North State Trust to work to dampen the financial effects of global issues as they arise. These issues often do not require a change in strategy and that gives time for the news to settle down and the market to do what we all like it to do… bounce back.
At ONST, we have experienced people that know how to care for our clients, and we make sure that their wishes and needs are executed as they desired as stated above with the construction of all our clients’ accounts. We make sure that there are no incentives to do the “wrong” thing. Every day is different for our clients, and each with its own set of unique issues. Peace of mind with ONST is having a relationship with a company whose core values are to care for our clients and to meet their needs, whatever those needs may be. While you are reflecting and wondering what to do during this time, ONST has a Memo for Heirs form that will give you and your loved ones a Peace of Mind when unexpected life events are thrown your way.
Though we are not medical professionals, we encourage you to do what is best to prepare yourselves for whatever comes our way, Old North State Trust will be with you through this global issue and for your peace of mind as well as being prepared for the next one just as we are for this one.
Old North State Trust, LLC (ONST) periodically produces publications as a service to clients and friends. The information contained in these publications is intended to provide general information about issues related to trust, investment and estate related topics. Readers should be aware that the facts may vary depending upon individual circumstances. The information contained in these publications is intended solely for informational purposes, is proprietary to ONST and is not guaranteed to be accurate, complete, or timely.