Estate Planning

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...

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...

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

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...

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...

Retirees of any age with large IRAs must understand that their IRAs can be hit with estate and income taxes when they die. And...

Here are the steps, and we’ll discuss them in order of priority: Separate your portion from other IRA beneficiaries. Retitle the IRA. Name a beneficiary. Move it to...

You may think that it’s a nice thing to leave some of your unused retirement funds to charity when you go. Generally, this a...

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...

Non-spouse beneficiaries cannot do IRA rollovers as per IRC Section 408(d)(3)(C). Nor can they use the 60-day rollover rule. However, they can possibly move...