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.
SECURE Act has Changed Special Needs Planning
An applicable multi-beneficiary trust can solve some--but not all--of the challenges that the new act presents.
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.
Update Will at These 12 Times in Your Life
It is also important to realize that it isn’t merely ‘why’ you are updating your will, but ‘when’ you are updating that can make all the difference.
Are You Making the Most of the SECURE and CARES Acts?
There have been several law changes that affect IRAs passed since December 2019.
Unintended Kiddie Tax Change Fixed in the SECURE Act
The kiddie tax was created long ago to prevent wealthy parents from cutting their taxes by transferring a large amount of investments to their dependent children, who would be taxed at a lower rate.
How Does the SECURE Act Change Your Estate Plan?
These changes are so significant that every such plan holders should review their wishes and how their estate plans may be affected.