IRA Beneficiary Trust
03 Dec

IRA Beneficiary Trust

For many people, their retirement assets consist of accounts such as an employer sponsored 401(k) plan and/or IRA accounts. The reason for doing so it obvious: they allow for either tax-deferred growth of your hard earned money. One pitfall of these accounts is what will happen to them when you pass...

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Wednesday Words: Intestate Succession
28 Nov

Wednesday Words: Intestate Succession

This post will be the first “Wednesday Word.” For this inaugural post, I will explain what intestate succession is. Intestate Succession is the method by which property is distributed when a person dies without a valid will. Each state’s law provides that the property be distribute...

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Giving Tuesday
27 Nov

Giving Tuesday

Today is Giving Tuesday. The idea is that after spending our money on stuff on Black Friday, Small Business Saturday and Cyber Monday, we take a day to give back. I recently read the book The Power of Half by Kevin and Hannah Salwen. It really changed my thinking on charitable giving. The book descr...

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Estate Planning Documents
22 Nov

Estate Planning Documents

There are certain indispensable documents they should have in place in the event that the unthinkable happens. The following is a list of some of the most important documents, along with a description of why they are important. Durable General Power of Attorney A Durable Power of Attorney is designe...

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