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Missed a Required Minimum Distribution?: Here Is How to Fix It

A sizeable IRS tax penalty for failure to take an RMD can be like a gut punch to a retiree, as many retirees are on fixed incomes. If you have missed one or more RMDs, we can help you submit the necessary forms and documentation to request a waiver of the penalty from the IRS.

By |2019-10-25T16:36:45+00:00October 29th, 2019|Trusts & Estates|Comments Off on Missed a Required Minimum Distribution?: Here Is How to Fix It

Myths We Tell Ourselves About Estate Planning

Estate planning can be a very difficult process. Making the decision to move forward with the planning requires us to face the fact that we will not live forever. This thought can stop many people right in their tracks, keeping them from seeing a qualified attorney to put together an estate plan.

By |2019-10-15T09:51:13+00:00October 15th, 2019|Trusts & Estates|Comments Off on Myths We Tell Ourselves About Estate Planning

Can I Refuse an Inheritance?

Why would anyone want to refuse an inheritance? Although it is surprising to many, there are several circumstances when declining an inheritance can be beneficial.

By |2019-09-16T10:11:07+00:00September 17th, 2019|Trusts & Estates|Comments Off on Can I Refuse an Inheritance?

The ABCs of RLTs

You may have heard of a revocable living trust (RLT), which is a commonly used estate planning solution. But what exactly are they, who is affected by them, how can they be changed, and what do they accomplish?

By |2019-09-12T09:11:33+00:00September 12th, 2019|Trusts & Estates|Comments Off on The ABCs of RLTs

Discretionary Trusts – How to Protect Your Beneficiaries from Bad Decisions and Outside Influences

Although leaving your hard-earned assets outright to your children, grandchildren, or other beneficiaries after you die may seem like the easiest and most desired form of distribution, this scheme will make their inheritance easy prey for creditors, predators, and divorcing spouses.  Instead, consider using discretionary trusts for the benefit of each of your beneficiaries.

By |2019-08-29T16:22:41+00:00September 3rd, 2019|Trusts & Estates|Comments Off on Discretionary Trusts – How to Protect Your Beneficiaries from Bad Decisions and Outside Influences