Do I Need A Trust If I Have A Will? A will and a trust are two different estate planning tools. Consider a will like a high-level set of instructions to be used after you pass away. You generally use a will to name the executor of your estate and guardianship for your children. Although you can …
Don’t Overlook The Benefits Of Estate Planning
Don’t Overlook The Benefits Of Estate Planning Taking care of your family in the unfortunate event that something happens to you is essential in life. Having an estate plan in place can help prevent your beneficiaries from dealing with a long, contentious probate process. In addition to a …
CARES Act Drastically Changes Required Minimum Distribution Rules For 2020
CARES Act Drastically Changes Required Minimum Distribution Rules For 2020 The CARES Act essentially suspended required minimum distributions (RMDs) for 2020 across the board. However, there have been a lot of questions about what this means for those who already took out distributions, and the …
Cure Your IRA Tax Infestation with a Roth
Cure Your IRA Tax Infestation with a Roth Nasty taxes are hiding in 401(k)s, 403(b)s and traditional IRAs. To help eradicate that problem, Roth accounts could give you the flexibility you'll need for retirement. Roth IRAs have been around for more than 20 years, yet I regularly meet retirees and …
Here Are 4 Things Retirement Savers Should Know After the Cares Act and Secure Act
Here Are 4 Things Retirement Savers Should Know After the Cares Act and Secure Act Between the Secure Act and the Cares Act, retirement savers and retirees are grappling with a number of changes designed to enhance the durability of savings as well as emergency provisions meant to ease …