In 2019, The SECURE Act changed the rules concerning the distributions from pre-tax Individual Retirement Accounts (IRAs) inherited through beneficiary designation (a …
Couples are often wary to bring up the dreaded P word when discussing their nuptials. After all, who wants to ostensibly discuss …
Periodically checking and updating beneficiary designations on retirement accounts and life insurance is prudent. The next time you navigate the online portal …
As Benjamin Franklin once said, “In this world nothing can be said to be certain, except death and taxes.” Taxes come in …
Some readers have heard of personal asset protection strategies like trusts or limited liability companies. The draw to products like these is …
Parents that have built a successful business and have raised capable children might find the proposition of selling the family business to …
When people come together and vow to spend the rest of their lives together in wedded bliss, they sometimes bring to the …
Non-retirement investment accounts are often set up with wealth management firms. When the account is set up, there is an option to …
In most families, the parents dream of leaving a legacy to their children. Of course, the parents want to create a legacy …
Washington state estate tax got you thinking of moving away? Maybe other things have you thinking of relocating and the estate tax …
One of the challenges facing an individual that owns property outside of his or her state of residence is the fact that …
As higher education costs continue to rise, it’s important to consider how best to fund your child’s or grandchild’s education. I propose …
A trust set up for the benefit of your spouse can provide powerful protection for your spouse while at the same time …
What is a charitable giving technique that doubles as a wealth transfer technique to avoid estate taxes and at the same time …
In the world of property privacy planning, it would be nice if a single solution existed to protect a person and his …
One of the biggest areas that is often overlooked in an estate plan are the seemingly innocuous beneficiary designations tied to assets …
Sometimes it’s hard to see the forest through the trees. This is as true for sophisticated estate planning as it is for …
Think of a unique piece of property. Maybe it’s a plot of land you own that is situated perfectly to be added …
Young families need wills. But, the legal profession has an admitted problem—the use of attorneys is expensive and can also be time …
Donor Advised Funds have gained in popularity in recent years. They provide an easy way to facilitate charitable giving, they can increase …
Property rights are often considered a “bundle of sticks” where a person can own varying interests in land. The person can own …
