“If your IRA holds an annuity, you may or may not have to include its value when figuring your required minimum distribution.”
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How to Sell Jointly Owned Stock after Your Spouse Passes Away
“How you will be taxed, depends on the state in which you reside.”
Learn More about Deferred Charitable Gift Annuities
“For those who would like to leave a legacy and include a gift to charity in their estate plan, a Deferred Charitable Gift Annuity is
What’s Better: A Joint Tenancy or a Trust to Give a Home to a Child?
“When leaving a home to your children, you can avoid probate by using either joint ownership or a revocable trust, but which is the better
Do I Really Make Too Much to Set Up a Roth IRA?
“If I earn too much to contribute to a Roth IRA, can I still contribute to a traditional IRA and then immediately convert it to
Tax Break Reminders for the Disabled
The Centers for Disease Control and Prevention found in 2015 that 53 million adults in the U.S. (about 20%) live with a disability. As tax
A Few Items to Consider in Your Estate Planning
If you have an estate with any real assets, you should carefully weigh the risks of failing to make proper estate plans. This is the
Michigan State Grad and Employee Gives Back through Estate Planning
Valarie Montgomery may have retired from overseeing Michigan State’s financial operations, but she used her estate plan with her husband Mark to leave a legacy
The Time for Estate Planning is now
The (Dodge City, KS) High Plains Journal, in “Estate planning is for everyone,” notes that people spend a lifetime working and building an estate to
It’s Okay, an Intentionally Defective Grantor Trust is Legal
Don’t worry; this is a totally legal and valid trust. The “defective” part only describes the fact that it’s not valid for income tax shifting
ABLE Act a Big Break for the Disabled
The Achieving a Better Life Experience, or ABLE ACT, was passed by Congress in 2014 and lets individuals with disabilities establish special tax-advantage accounts to
No Estate Planning Means Prince’s Estate Hit with 50% Tax
Prince’s estate has just a few days left to file an estate tax payment, and the taxes are expected to ultimately take nearly half the