In her recent article featured in Financial Advisor Magazine, Sophia Duffy, an assistant professor of business planning at The American College of Financial Services, discussed the effectiveness of tools such as revocable living trusts (RLTs) in planning as one ages.

Duffy compares the RLT to power of attorney (POA) and explains how RLTs can be even more effective than a durable POA.

Read on to learn more about this topic as Duffy enlightens readers to the usefulness of this tool!

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Their services improve the quality of life for veterans and their families and reduce potential factors that can contribute to veteran suicide. These services act in support of their vision to create stability for military families in crisis.

USA Cares was launched through a grassroots partnership between WAVE-3 TV in Louisville, Kentucky, the Mid-South Division of Kroger Food Stores, and the Association of the United States Army Fort Knox Chapter. The organization was dubbed Kentuckiana Cares, with a goal to raise funds to help military families in financial crises through the sale of “Support Our Troops” yard signs. In October 2003, in response to the increasing number of requests for assistance, Kentuckiana Cares evolved into what is now USA Cares, a 501(c)(3) national non-profit organization that has assisted thousands of veterans and military families facing hardships related to service.

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As we approach the end of the year, I have reflected on many of the Center’s accomplishments including

• Scholarship opportunities and career services support for those in our military community in transition
• Community building through:
  • Execution of multiple thought leadership webinars
  • Implementation of a military resource group providing networking and career opportunities for our scholars
  • Development of military consumer financial education programs through partnerships with military financial educational foundations
• Execution of the Ninth Annual Clambake and Soldier-Citizen Award Ceremony, honoring this year’s recipient former Chairman of the Joint Chiefs of Staff Admiral Michael Mullen, USN (Ret.), and a Leadership Symposium led by Maury Stewart Lecture Marquee Speaker Colonel Nicole Malachowski, USAF (Ret.), the first female U.S. Air Force Thunderbird pilot.

These successes are only possible with your dedication to supporting our mission of assisting active-duty, guard, reserve service members, veterans, and their spouses in transition.

A special thank you to our center founding partner and sponsor Penn Mutual and Advisory Council.

With your generous support, the Center will continue expanding our offerings and opportunities for those moving from military service into their next chapter in the civilian force, as well as assisting their spouses in their careers in financial services.

I wish you and your families happy holidays and ask that you keep those currently serving our country in your thoughts and prayers during the holiday season.

Very Respectfully,

Phil Easton

Executive Director, The American College Center for Military and Veterans Affairs 

I want to extend the deepest feeling of gratitude for giving me this scholarship and the opportunity to learn from such an impactful organization. Everything I learn in this course will be put to work as I try to help more Active-Duty Military and Veteran families in their pursuit of financial security.

Giving back to the military community fills me with purpose and this opportunity will enhance my ability to provide families with better service as they pursue their goals.

Thank you!

Respectfully,

Jesse M. Underwood
 

Dien Yuen, former executive director of the American College Center for Philanthropy and Social Impact, was recently a guest on the Be Giving podcast hosted by Elizabeth Wong.

In this episode, Yuen joins Wong to share her expertise in the field, discussing topics such as the importance of philanthropy in wealth management, the value placed on philanthropy by The College and the Chartered Advisor in Philanthropy® (CAP®) Program, and the unique experiences faced by advisors of color.

Hear about these topics and more in this informative and thought-provoking discussion as Yuen shares her experiences with The College.

Listen