If you’re accustomed to setting timelines in your life, when it comes to serving in the executor role, you’ll likely find it difficult because settling
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Pay Less Taxes on an Inherited IRA? Sure!
The Hampton Roads Business Journal explains, in “You may be paying more tax on inherited IRA than required,” that there can be a negative ripple
Make Sure You’re Getting the Most Bang for Your Buck in Your IRA
Can you believe that Americans have $26.6 trillion saved for retirement? This gigantic total includes the trillions of dollars held in 401(k)s and IRAs. Some
Snowbirds Should Determine Where to Nest for Estate Planning Purposes
Being a snowbird, living six months in Michigan or Nebraska and six months in Florida or Arizona, can be a great life style in retirement.
Estate Battles Can Mean Big Legal Fees
Prosecutors in a Texas forgery, theft and money laundering trial asked the court appointed administrator of an estate how an $8 million estate can shrink
New Federal Law Passed to Protect the Elderly
Senate Bill 178, the Elder Abuse Prevention and Prosecution Act, establishes requirements for the Department of Justice (DOJ) to investigate and prosecute elder abuse crimes
How Will Trump’s Tax Reform Affect My Estate Planning?
The Trump administration has set out its framework for tax reform, which includes the goal of eliminating the estate and gift transfer tax. The Paradise
When Do I Start Succession Planning for My Business? How About Yesterday?
As a by-product of succession planning, you get a template for running a better business. It’s beneficial to start these preparations right away. Springfield (MO)
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
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
Use an IRA to Help the Grandkids
In the midst of summer, teens and college students are typically working summer jobs. Kiplinger Retirement Report explains in a recent article, “Seed a Roth