Roth IRAs and Your Estate Planning
Most people have at least a general understanding of Roth IRAs, but may not really understand how they might affect estate planning. Let’s see if we can clear up some of the questions and the most common confusion we see. First, what are Roth IRAs? William “Bill” Roth was a Republican U.S. Senator from Delaware […]
The SECURE Act Passed, But What Does it Mean?
Congress passed the SECURE Act last week, as part of a larger spending bill. It will become effective on January 1, 2020. You might not have read very much about it, or know how it affects you. Maybe we can help. SECURE stands for “Setting Every Community Up for Retirement Enhancement.” That might have been […]
How To Leave An IRA To A Child Who Has a Disability
SEPTEMBER 27, 2010 VOLUME 17 NUMBER 30 This is so confusing to clients, but it needn’t be. The rules are actually simpler than they seem. Stay with us, and we’ll walk you through it. OK, here’s the set-up: You have three children, one of whom (the youngest) has a disability. We’ve decided to name her […]
Our Free Seminar Reviews 2010 Law Changes For Estate Plans
APRIL 19, 2010 VOLUME 17, NUMBER 13 This has been a tumultuous year for estate planning attorneys—and for their clients. The federal estate tax has been repealed, there are new rules in effect governing Roth IRAs, and heirs are facing higher capital gains liability. We don’t profess to have all the answers, but we think […]
Roth IRA Conversion in 2010 More Attractive For Some
JANUARY 11, 2010 VOLUME 17, NUMBER 2 Recent changes in federal regulations affecting the Roth IRA now make this retirement savings plan available to wealthier individuals. We list some of the factors to consider in determining whether to convert your existing traditional IRA to a Roth IRA – so that you can discuss the matter […]