In the News: Leaving Your Wealth to the IRS and a Headache to Your Heirs
As seen in the Marietta Daily Journal, Bil Lako, CFP®, explains why your heirs don’t want you to leave your IRA to your estate—intentionally or unintentionally!
In the News: Cost Basis: Simple Definition, Complicated Calculations
As seen in the Marietta Daily Journal: Bil Lako, CFP®, takes time to explain why keeping track of your cost basis is so important—it can radically affect what you may pay in taxes!
In the News: The IRS is Accepting Returns, but Make Sure You Have all Your Forms
As seen in the Marietta Daily Journal: Bil Lako, CFP®, warns that while the IRS is accepting returns, you need to be sure you have all your forms and letters before you file. Read the article at the Marietta Daily Journal. This article is for demonstrative and academic purposes and is meant to provide valuable background…
In the News: Using trusts in your estate plan largely depends on your intent
As seen in the Marietta Daily Journal: Bil Lako, CFP®, a trust is an entity that holds property and assets for the benefit of the named beneficiary and can also dictate how and when the beneficiary receives or spends the assets.
In the News: Repairing your retirement savings after a divorce
As seen in the Marietta Daily Journal: Bil Lako, CFP®, explains that while a divorce may have put a dent in your retirement savings, you can still repair the damage.
In the News: 2022 outlook includes inflation and rising interest rates
As seen in the Marietta Daily Journal: Bil Lako, CFP®, provides investors insight on what to expect for 2022.
In the News: Starting the New Year on the right financial footing
As seen in the Marietta Daily Journal: Bil Lako, CFP®, provides some tips to get your financial New Year’s resolutions to stick.
In the News: An indirect 401(k) rollover: time is ticking to avoid tax consequences
As seen in the Marietta Daily Journal: Bil Lako, CFP®, highlights some common mistakes investors make when it comes to required minimum distributions.
In the News: With multiple accounts, there is plenty of room for RMD errors
As seen in the Marietta Daily Journal: Bil Lako, CFP®, highlights some common mistakes investors make when it comes to required minimum distributions.
In the News: It’s ill-advised to count on an inheritance to fund your retirement
As seen in the Marietta Daily Journal: Bil Lako, CFP®, explains how all inheritances are not equal, so banking on such a windfall to fund your retirement is generally a bad idea.