Estate Planning

Under the new rules of BAPCPA, virtually all types of retirement accounts are now exempt assets in bankruptcy proceedings. This was accomplished by adding...

The spouse has more options than a non-spouse beneficiary. Here are the four options: You can rollover the deceased’s IRA to your own. This is...

The Congress thought about this solution and they enacted the gift tax rules. Essentially, the gift tax rules limit the amount of gifts you...

Given that you’re reading this book and you may not be a CPA or financial advisor, it indicates that you have a strange reading...

Suppose that the owner of an IRA or company plan dies before his or her RBD without naming a designated beneficiary? The beneficiaries must then...

Can a trust be the beneficiary of an IRA? Even though there are no tax benefits, there may be circumstances when you want to name...

When people set up beneficiaries for their IRAs, they don’t know what the future holds. Assume a simple situation where the the IRA owner...

Given the rate of divorce, it’s critical to address how your retirement assets get handled. The question is “does your spouse have an interest...

Funds in your IRAs pass outside of your will and are distributed according to beneficiary-designation forms that you fill out when you open the...

The Stretch IRA The stretch IRA is the ability of the named beneficiaries to spread required post-death distributions over their life expectancy according to the...