Failing To Put Assets Into Trusts
Your real estate holdings, life insurance, bank accounts and retirement savings won’t magically flow into your trust.
November 23, 2020
Benefit from a Roth IRA and Social Security
Although Social Security helps millions of seniors stay afloat financially, living on those benefits alone could mean winding up cash-strapped in retirement.
November 5, 2020
Your Estate Plan May Need an Audit
Estate planning is the process of transferring the management of your assets, if and when you are unable to manage them yourself due to disability or death. Whether you have $100 or $100 million you should have an estate plan.
October 22, 2020
Do I Have to Accept an Inheritance?
No one has to accept inherited assets. Inherited assets can be disclaimed.
October 1, 2020
How 401(K) Beneficiaries Work
To ensure your estate is settled in the way you want, it’s wise to do a bit of extra planning to keep your documents up to date.
September 28, 2020
August 27, 2020
Inherited IRAs Require Care
One wrong decision can lead to expensive consequences, and good luck trying to persuade the IRS to give you a do-over.
August 17, 2020
Balancing Retirement with Special Needs Planning
Having a child with special needs can come with all sorts of unique challenges from a financial and estate planning standpoint. Public benefits, for example, can play a huge role in anticipating how much money your child will need down the road in your later years, as well as when you’ve passed away.
August 3, 2020
Selecting a Beneficiary for My 401(k)
You might not be able to spend all the money in your 401(k) plan before you die. If that happens, your retirement savings will pass to the person you name as the beneficiary of the account. The information on your 401(k) beneficiary form typically supersedes what is written in your will. Therefore, it is important to keep this form up to date for all your retirement and investment accounts.
July 15, 2020
Using Retirement Funds in a Financial Crisis
U.S. has been making it easier for people to access long-term savings for emergencies, trading future financial security to stay afloat.
July 2, 2020