The Reyes-Rivers family.

As a couple without children, Paul and Jordan were challenged with determining who to name in their legal documents. Through discussions with their HT|TC advisor, they learned the advantages of naming a corporate trustee and executor, relieving the burden — and liability — so often placed on family and friends.

Collaborating with their legal advisors, HT|TC guided them through the process of drafting wills, establishing a joint trust that included provisions for Paul’s mother’s care, and creating powers of attorney that clearly articulated their intentions and wishes. They named HT|TC’s in-house trust company as executor and successor trustee of their trust, providing Paul and Jordan with the assurance that their assets would be protected and distributed according to their wishes.

The team also assisted them in updating beneficiary designations across all their accounts to reflect their marriage and caregiving responsibilities.

Both Paul and Jordan were deeply committed to philanthropy and wanted to continue making a positive impact in their community.

HT|TC helped them explore charitable approaches and techniques—including foundations, naming charities as beneficiaries of retirement accounts, setting up charitable trusts to give them financial security while furthering their giving intentions (through CRATs/CRUTs), and establishing donor-advised funds (DAFs).

Through this education, the couple was able to make an informed decision to have HT|TC create a charitable foundation as part of their estate plan, allowing them to continue supporting the causes they care about throughout their lives and beyond.

The team also created a plan for ongoing charitable giving that aligned with their financial goals, enabling them to make a meaningful difference while still achieving their personal objectives. Their foundation also included provisions for honoring Paul’s mother’s legacy by supporting dementia research and care initiatives.