The Importance of Estate Planning
It's not easy to think about what's next for all the assets and items that will outlive you. Perhaps you've been deferring the creation of a solid plan because the idea makes you uncomfortable. Or perhaps you [...]
It's not easy to think about what's next for all the assets and items that will outlive you. Perhaps you've been deferring the creation of a solid plan because the idea makes you uncomfortable. Or perhaps you [...]
Estate planning is a significant undertaking. It gives us a way to transfer what we've accumulated throughout our lives to those we hold dear. Passing down properties and personal items can convey familial bonds and affection and [...]
Transferring wealth to your family is a complex process. You’ve made the money and have likely taken steps to protect the money, but you also need to prepare your family to inherit the money. A significant number [...]
It’s easy to avoid making an estate plan but lacking one won’t be easy on your loved ones and could cause tension during your later years and after your passing. Having your affairs in order can be [...]
The IRA is one of the most significant retirement vehicles in America. In fact, the Investment Company Institute (ICI) reports that as of 2021’s third quarter, U.S. investors held more than $13 trillion in IRA accounts. That’s [...]
For many years, you’ve been the captain of your ship. Running your own business hasn’t been easy and success was never guaranteed. Retirement planning is the next uncharted water for you, and there’s no one-size-fits-all map. Ultimately, when you [...]
If you’re a business owner and know you eventually want to retire, make sure you understand how passing down or selling your business works. Business sales are increasing as more Baby Boomers retire and the potential for [...]
Inherited Roth IRA Rules can be complicated. This is especially true if you inherit an account as a non-spouse beneficiary. Understanding how these accounts work, what the rules are for withdrawing money, and the tax consequences that [...]