Spending Your Wealth or Leaving an Inheritance
In today’s @MDJOnline, Bil Lako, CFP® covers spending retirement assets vs. leaving an inheritance for your children. Read the Article
Spending Your Wealth or Leaving an Inheritance
Our experts discuss whether retirees should spend what they have saved or continue to save as much as they can for their children to inherit.
As a Non Spouse Beneficiary of an IRA, You have Several Options
If withdrawals are not taken from an inherited IRA in a timely manner, the funds could be subject to a 50% penalty tax. We explain in today’s Marietta Daily Journal. Read the Article
Non-Spouse Inherited IRAs
Our experts discuss a case study involving a non-spouse inherited IRA and what the withdrawal options are for the beneficiary.
Equalizing Estate Distributions with Life Insurance
If you want to leave your business to the child who works for you, life insurance can equalize estate distributions. We explain in this week’s Insurance Tip.
Estate Planning Strategies in a Low-Interest-Rate Environment
With interest rates still at or near historic lows, you have several estate planning opportunities.
Periodic Review of Your Estate Plan
There will be times when you’ll need to make changes to your estate plan to ensure it still meets all of your goals. Read more in this week’s Financial Tip.
Pay Extra Attention to Financial Planning During a Second Marriage
Our experts focus on a case study about the financial complexities that come with a second marriage, especially when children from a previous marriage are involved.
Using Trusts to Pass Inheritance to Minor Children
In today’s Marietta Daily Journal: When selecting a minor as your beneficiary, it is wise to consider placing the assets in a trust. Read the Article
Using Trusts to Pass an Inheritance to Minor Children
Our experts discuss a case study where the use of a trust would have solved the problem of a child inheriting property and assets.