Required Minimum Distributions (RMDs) are minimum amounts that a retirement plan account owner is required to withdraw each year, beginning in the year that he
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Consider a Roth IRA for Estate Planning
There’s considerable talk about potential tax reform in Washington. It is anyone’s guess what that will look like in the end. However, taxes must be
What about a Trust? Do I Need This?
A trust is a legal vehicle for managing financial assets for the benefit of you and/or someone else. The property owner (the grantor or settler)
Michigan Considers Stiffer Penalties for Elder Abuse
Right now, Michigan law only allows a felony if a person “causes serious physical harm or serious mental harm to a vulnerable adult,” explains WZZM
Should I Use a Trust to Avoid Probate?
Progressive states like California have led the charge in finding and implementing methods and techniques to avoid probate, reports The PV Democrat in its recent
Reverse Mortgage Rules Change Again
The federal government is again modifying the reverse mortgage rules. These changes impact the cost of insurance and borrowing limits, which create a mixed bag
Mississippi Prisoner Sues to Keep “Step-Mother” from Getting His Father’s Estate
Thomas Ellis claims that Maria Jackson, also known as Maria Ellis, has no right to his father’s benefits, because she was never legally married to
Who Pays the Inheritance Tax?
With all the tax laws in the United States, at some point you get a curve ball thrown at you. This could make a big
Long-Term Care Costs Only to Go Up
It’s no secret that the price of long-term care insurance is high. It’s high for everyone, not only the patients, but also the caregivers. They
How Will You Solve the Retirement Puzzle?
Kiplinger’s recent article, “Plot a Smoother Retirement Journey with a Written Income Plan,” explains that Social Security is expected to play a major role in
The Will of Legendary Comedian Jerry Lewis Shows That He Disinherited His Kids
Comedian Jerry Lewis died last month of heart failure at the age of 91. He left behind a wife, six children from a previous marriage,
How to Avoid a Will Challenge
The Northwest Indiana Times says in its recent article, “Choosing an executor,” that will challenges are pretty rare. A successful contest can stem from an










