Trusts & Estates is a wealth management

Wealth management

Wealth management is an investment advisory discipline that incorporates financial planning, investment portfolio management and a number of aggregated financial services...

 journal published by Penton Media

Penton Media

Penton Media, Inc., founded in 1892 by John Penton, is a diversified business-to-business media company. Penton Media is a mass media corporation that publishes and produces 113 magazines, 96 trade shows, 145 websites and has over six million subscribers across 17 different market segments.Numerous...

. It was first published in 1904 (as a periodical called Trust Companies) under the direction of Christian A. Luhnow, who was the editor, publisher and owner of the magazine at the time .

Today, Trusts & Estates publishes articles contributed by practitioners in the fields of estate planning

Estate planning

Estate planning is the process of anticipating and arranging for the disposal of an estate. Estate planning typically attempts to eliminate uncertainties over the administration of a probate and maximize the value of the estate by reducing taxes and other expenses...

and taxation, fiduciary professionals, family offices, insurance, investments, philanthropy, retirement benefits and valuations. According to trustsandestates.com, articles are generally peer-reviewed by an editorial advisory board. The journal is published 12 times a year with a Wealth Management Resource Guide bonus issue in December.

History

Christian A. Luhnow founded Trust Companies in March 1904 in response to the rise of the trust banking industry in the United States. Most of the 1,300 United States trust companies then in existence had been formed in the previous 25 years. Yet, according to the magazine back then, "no other financial institutions of comparatively recent growth have made such giant strides and at the same time are so little understood outside of those immediately interested."trusts in the 1800 were used as business techniques during the industrial growth these ways were often used by large companies