Income In Respect of a Decedent
Income in respect of a decedent is taxed on the estate’s income tax return, or passed through to the beneficiary, to be taxed on the beneficiary’s income tax return.
Trusts: Providing for Family and Donations
A way to provide for your family and help a non-profit organization is to establish a charitable trust. We explain in today’s Marietta Daily Journal. Read the Article
What if You Lived?
If you are incapacitated, who has the authority to access your financial accounts or make health care decisions on your behalf?
What is Vesting?
The hosts of “Money Talks,” address a question on vesting. They cover different vesting options companies can offer and what vesting means to you as an employee.
The Use of Trusts as a Beneficiary for Your Retirement Accounts
A common trend among investors is naming a trust as the beneficiary of their IRAs and then naming their non-spouse heir as beneficiary of the trust.
Designations for Special-Needs Heirs
In today’s Marietta Daily Journal, Bil Lako, CFP® discusses the intricacies of estate planning if you have special-needs heirs. Read the Article
Naming a Trust as Your IRA Beneficiary
In today’s Marietta Daily Journal, Bil Lako, CFP®, explains using a trust as a beneficiary for your IRA. Read the Article
The Potential Pitfalls of DIY Estate Planning
DIY estate plans may be penny-wise and pound-foolish. Know the risks before you bypass your estate planning attorney. Learn more in this Financial Tip.
Have You Reviewed Your Will or Trust Lately?
If you or your heir’s marital status has changed, your Will or Trust may be outdated. Learn more in this Tax Tip.
Naming a Child as a Beneficiary
Should a minor child be named the beneficiary of an ERISA-governed retirement plan?