How Do Inherited IRAs Work?
When someone dies with money left in an Individual Retirement Account (IRA), the funds can get passed on to the person’s loved ones through an inherited IRA.
September 14, 2022
Avoid naming Estate as an IRA Beneficiary
It may sound like it makes sense, and it might be easier than picking a person (or two) to name, however there are some serious downsides to naming your estate as the beneficiary for your IRA.
September 6, 2022
Way you Title Assets has an Impact on your Estate
The way in which assets are titled can be vital.
August 22, 2022
Grounds for Contesting a Will
Wills often go through probate, which is the legal process for settling an estate. The rules are different for every state, so check with an attorney or your local county office to learn more.
August 18, 2022
Dynasty Trusts offer more Control over Assets
One type of trust, the qualified perpetual trust, can be used to pass assets down to your beneficiaries, decade after decade.
August 15, 2022
Mistakes to Avoid with Beneficiary Designations
Here are five critical mistakes to avoid when dealing with your beneficiary designations.
August 11, 2022
Are Testamentary Trusts a Good Idea?
A testamentary trust can control your assets after death. However, there may be a better option available, experts say.
August 10, 2022
How are Capital Gains in Irrevocable Trust Taxed?
Investors use irrevocable trusts to protect their assets from creditors, lawsuits and estate taxes. However, when you sell a home in an irrevocable trust, that can complicate your tax situation.
August 4, 2022
There are Alternatives to Guardianship
We all want to protect vulnerable people from harm. However, taking away all their rights usually isn’t the place to start. Instead, there are several less severe options that could be the right way to go.
August 2, 2022
Business Interests are better Protected by Trusts
No matter what industry you might be in, what your long-term goals might be, or how your business is structured, you know that you need to be planning for the future.
July 26, 2022