Kyle Kutuchief was named program director in Akron for the John S. and James L. Knight Foundation in May 2015. The foundation invests in journalism, the arts and the success of cities where its founders once published newspapers.
In Akron, the birthplace of Knight Newspapers and the foundation, Knight focuses on downtown and inner ring neighborhoods through investments in public space and public life to increase population and advance equity. Akron is also part of Reimagining the Civic Commons, a Knight-supported national initiative that seeks to counteract economic and social fragmentation by revitalizing and connecting public spaces.
Previously, Kutuchief worked in higher education and was a part of two initiatives to strengthen regional collaboration. He has served on a number of nonprofit boards and acted as president of Torchbearers, a young professionals organization focused on leadership development and community service. Kutuchief has received Akron’s 30 for the Future Award, Cleveland’s 25 Under 35 Movers and Shakers Award, Torchbearer’s Friend of Young Leaders Award and the Read Family Difference Maker Award.
Kutuchief earned his Bachelor of Arts in political science from The Ohio State University and a Master of Public Administration from The University of Akron.
The Rotary Club of Akron had the pleasure of listening to Tiffany Rockstroh, President, and our own David Hall, Vice-President -Investment Strategist & Banking Officer of Preferred Legacy Trust Company.
Tiffany began the presentation strongly recommending that it is of benefit to all of us to establish a Healthcare Power of Attorney, develop an Advanced Directive, create a General Will, establish a Durable Power of Attorney, and finally in some cases create a Trust. Tiffany stressed that whether you are 18 years of age or older, you never know what might happen to you and having these documents in place that be beneficial to all concerned.
Why Would a Person Create a Trust?
Leave a legacy for generations to come.
Avoid Probate.
Allows grantor control over the use of the funds after the grantor is deceased.
Taxes: several potential tax benefits.
Capital gains, Federal Estate Tax, State Estate Tax.
Provide a Structure for Beneficiaries.
Young children, easily influenced.
Special needs children.
Social issues.
Liability.
Assets in trust can be protected from creditors or divorce.
Family Asset; IE Farm or Vacation Property.
Why Would You Choose a Professional Trustee vs. a Family Member?
When you name a professional trustee, you allow the professionals to handle the affairs. This means the family remains a family.
Professional Trustees are unbiased and will execute a document according to how the family and council wrote the document.
Professional Trustees have the knowledge and expertise to handle an estate and administer all the trust rules and regulations, which most family members do not have.
A Professional trustee adds an additional layer of protection around the trustee assets. The layer could add extra protection from litigation and divorce if structured correctly.
Professional Trustees are regulated by the state or OCC - allowing for additional oversite and protection you don’t receive from a family member.
Professional Trustees have a rich network of advisors for complex situations, allowing additional advice and oversite when needed.
A Professional Trustee allows families peace of mind, knowing that they selected a team with integrity and experience to manage their financial affairs after they have passed.
What Should I Look for or What Questions Should I Be Asking If I Want to Create a Trust?
Does the focus remain on the client’s needs rather than the client’s account size?
Is the Trust Company willing to hold unique assets?
Does the Trust have local experience?
Is a professional from the Trust Company available for family/client meetings in person?
Is the Trust Company able to work with any financial advisor, CPA or attorney, allowing the families advisors to stay in place?
Following the presentation, Tiffany and David answered various questions. To review these questions and the ways the Preferred Legacy Trust Company might be able to answer questions you have, check out the recording by clicking here.
Calling all Akron Rotarians, please join us for a Thursday evening Summer Camp cookout at Akron Rotary Camp (4460 Rex Lake Drive, Akron, OH 44319). Come and enjoy a burger or hot dog with our campers and camp counselors, as well as take a tour of our camp facilities. You are welcome to bring along your family, co-workers and/or a colleague. It is also a great opportunity to introduce someone new to Rotary Camp.
Akron Rotary Camp’s 100th Summer Camp Season is in full swing, and our campers are having lots of fun and making memories to last a lifetime! We have been the main project of the Rotary Club of Akron for 100 summers. The Club’s support of the Chili Open Golf Classic helps to make it possible to offer financial assistance to families in need. Allowing their child, the opportunity to attend camp, enjoy the outdoors, discover their abilities and succeed beyond their dreams!
Please join us and help us celebrate the 100th summer of Rotary Camp!
What: Thursday Evening Camp Cookouts
When:August 3
5:30pm to 7:00pm – dinner is served at 6:00pm
Where: Akron Rotary Camp, 4460 Rex Lake Drive, Akron, OH 44319
If you are unable to attend on a Thursday evening, please reach out to Mella Castner, (mellac@akronymca.org or (330) 644-4512 x3206) to schedule a visit during summer camp.
Akron Rotary Camp ∙ 4460 Rex Lake Drive ∙ Akron, Ohio 44319 ∙ (330) 644-4512 ∙ gotcamp.org
REGISTER NOW TO ATTEND END POLIO NOW GUARDIANS GAME ON AUGUST 17, 2023 VS. DETROIT TIGERS
Once again we are planning an End Polio Now Guardians game on August 17, 2023 against the Detroit Tigers. We will be in the Terrace Club for fun, food, and auctions along with drawing the winner of the Paul Harris /First Pitch.
We are also able to parade pregame on the field after missing several years.
As you are planning your Rotary club’s summer activities, please keep this in mind. It is a great opportunity for fellowship and FUN.
Rotary International has long held the fight to eradicate polio as it’s signature fundraising effort. Over $6,000 was raised during the July 13, 2022 End Polio Night at the Cleveland Guardians baseball game versus the Chicago White Sox.
Last year more than 300 Rotarians in District 6630, along with those is Districts 6600 and 6650 were in attendance.
Each received an End Polio Now t-shirt along with their ticket to the baseball game. Congratulations to Dean Thayer of the North Hampton-Cuyahoga Valley Club who was chosen to throw out the first pitch. The fun continued in the Terrace Club as raffle baskets with autographed jerseys, bats, baseballs and other great prizes brought in over $1,800. Special thanks to the Guardians own Bob Dibiasio, who came by to visit. with Rotarians during the event. Bob’s visit helped ease the sting of the Guardians loss to the White Sox, 2-1.
As 2022-2023 Rotary International President Jennifer Jones reminds us, “ As long as polio exists somewhere, it’s a threat everywhere.” With that in mind and with our commitment to “ Service Above Self” Rotary will continue this important mission throughout the coming year.
See the District 6630 flyer below and sign up now for August 17, 2023.
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