Congratulations! If you are reading this article you are likely among the minority of U.S. citizens who has an estate plan. While worthy of a pat on the back, having a plan is only the start of responsible asset management. Once you’ve gotten the ball rolling, you now...
The day before my husband’s funeral, two of his friends came and mowed the lawn. Two weeks after the funeral, the grass had grown and needed mowing again, but no one came to help. It was nice of them to help before the funeral, but it was in the months after the...
There are certain topics we avoid talking about with our parents—and estate planning is one of them. Asking your parents about their retirement finances and what will happen to their assets after they die is not only uncomfortable, but it can make you sound greedy, or...
Are you single and think that having an estate plan is unnecessary? Or maybe you just never thought about planning your estate at all? Even if you are unmarried with a significant other, there are still advantages to having a solid estate plan in place. As you get...
While people worldwide—and especially the millennials among us—mourn the death of Luke Perry, meager solace exists in knowing that those closest to the Beverly Hills 90210 star need not worry about fulfilling his last wishes. Unlike two thirds of adults, Perry had put...
Because the income tax on an IRA is deferred, a beneficiary who inherits an IRA is required to either: withdraw all the funds within 5 years of inheriting and pay the income tax due on the entire account; or take annual required minimum distributions (“RMD”) and pay...
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