Trust Companies Saw an Increase in Business at the end of December

The fiscal cliff has a number of effects on people. Apparently, the wealthiest citizens in the United States took to seeking the help of trust companies to make last minute gifts. There was so much business this past December “that some firms booked a whole year’s worth of business — sometimes more — in December alone.” 

See Trust Companies Saw Last-Minute Rush of Customers in December, The Wall Street Journal, Jan. 8, 2013.