Tax payers age 70 ½ or older who are required to take mandatory distributions (RMDs) from their IRAs, but do not need the additional income to meet living expenses, may exclude all or a portion of their RMD from gross income through a Qualified Charitable Distribution (QCD). Last year the Pension Protection Act of 2006 …
FineMark joins United Way in Hurricane Irma Cleanup
It’s been more than a month since Hurricane Irma tore through Florida and people are still in need of assistance in the cleanup efforts. The United Way of Lee, Hendry, Glades and Okeechobee Counties recently identified homeowners in Bonita Springs and Fort Myers who needed an extra hand removing yard debris and FineMark associates got …
2017 Q2 Shareholder’s Letter
Read FineMark’s 2nd Quarter Shareholder’s Letter from the President, Joseph R. Catti. Dear Shareholder: On behalf of the Board of Directors, the executive management team, and all of the dedicated associates of FineMark National Bank & Trust, I am pleased to report on the bank’s performance for the second quarter ending June 30, 2017. SECOND …
FineMark National Bank & Trust Projects Receive Prestigious Awards
NAPLES, FL – Clive Daniel Home recently received another prestigious award for its design of FineMark National Bank & Trust, Naples location. The Southeast Building Conference presented the Aurora Award during its annual competition of design excellence in early July. The project involved the creation of an overall design that reflected the concierge style of …
FineMark’s President of Collier County, Adria Starkey, is invited to join the International Women’s Forum
NAPLES, FL (JULY 14) – Adria D. Starkey has been accepted into the prestigious International Women’s Forum (IWF), an invitation only organization for female leaders around the world. Starkey, President of FineMark National Bank & Trust, Collier County, is one of only a handful of women from Southwest Florida involved in this organization. The IWF, …
When Your Email Is Compromised
There are many signs that may lead you to believe your email has been hacked. A friend may reach out and question a suspicious email from you; you may no longer be able to log in to your account; or you may find that your inbox is suddenly empty and all of your contacts have …
2017 Second Quarter Review and Commentary
FINE POINTS, The Quarterly Trust and Investment Publication of FineMark National Bank & Trust July 2017 | Volume 2 | Issue 3 We stand at the mid-point of the year, shocked that it has gone by so quickly. There have been a number of surprises, but nothing terribly alarming apart from the very low level …
Electronic Wills
One of the more recent developments in estate planning is the concept of electronic wills. Instead of signing a hard copy document in ink, an electronic will allows the testator (a person who has written a will) and witnesses to sign it electronically and a notary to notarize it electronically. Currently Nevada is the only …
2017 Q1 Shareholder’s Letter
Read FineMark’s 1st Quarter Shareholder’s Letter from the President, Joseph R. Catti. Dear Shareholder: On behalf of the Board of Directors, the executive management team, and all of the dedicated associates of FineMark National Bank & Trust, I am pleased to report on the bank’s performance for the first quarter ending March 31, 2017. First …
Tips for Creating a Strong Password
Having a strong password is key to online account security. Given the damage that can result from unauthorized access your account information, it helps to pay attention to these simple rules. Don’t share your username or password with anyone, for any reason. Also don’t make it easy for others to see you entering your password …
2017 First Quarter Review and Commentary
FINE POINTS, The Quarterly Trust and Investment Publication of FineMark National Bank & Trust April 2017 | Volume 2 | Issue 2 National Markets The first quarter went largely as projected in our January Newsletter however, equities performed stronger than expected. Domestic equities moved up over 9% since the November election, but began to abate …
Alphabet Soup is Not Just for Lunch
Have you ever encountered an estate planning acronym that you did not recognize? You are not alone. Here are a few of the most common acronyms used in trust and estate planning: Click here to view PDF version of Alphabet Soup in the Trust World By Read Sawczyn Vice President & Private Wealth Advisor Additional …
