Signed into law in December 2019, the SECURE Act calls into question the benefit of doing this, especially if the Trust provides income for children or grandchildren.
Financial Planning for Retirees You have retirement accounts in a few different places, and so does your spouse. Now that you are retired or thinking of retiring, you are closer to using the money. But you haven’t changed the allocation or risk level of any of those...
The SECURE Act pushes back from age 70 1/2 to age 72 the age when someone is required to start taking their minimum distribution.
One of the primary goals of estate planning is avoiding probate. Probate is public, time-consuming, and costly.
Your Financial Planning Starts with gathering your financial information into one place, to generate thoughts, questions, and opinions about your personal financial goals and situation. 1. You gather your data: financial questionnaire, tax forms, brokerage...
This is a hypothetical taxes example and not actual clients and their outcomes.