Inherited IRAs Require Careful Handling
One wrong decision can lead to expensive consequences, and good luck trying to persuade the IRS to give you a do-over.
Estate Planning Meets Tax Planning
By being very selective about who receives which type of money—whether Traditional or Roth IRAs, after-tax brokerage accounts, life insurance, etc.—you can dramatically cut the share that goes to the IRS and increase the amount going to your family.
Do I Qualify as an Eligible Designated Beneficiary under the SECURE Act?
What Is an Eligible Designated Beneficiary?
Coronavirus Makes Estate and Tax Planning an Urgent Task
What may have seemed like something to take care of ‘one day,’ has turned into a basic necessity that makes it essential and necessary for you to encourage your clients to act now.
Life Insurance Is a Good Estate Planning Tool but Needs to Be Done Carefully
Life insurance may play a vital role in an estate plan, because insurance proceeds can be counted on to provide liquidity when it’s needed.
Making an IRA Part of the Estate Plan
You’re hoping to leave your loved ones a nice legacy and something that can enhance their financial security or help them achieve special goals. Have you considered how your individual retirement account (IRA) fits into your estate plans?