Ways to Revise Your IRA After the Secure Act

by coder | Jan 31, 2020 | blog, Blog: Estate Planning

In December 2019, the SECURE Act was signed into legislation. This regulation is one of the most substantial changes to have occurred in the last few years. As a result of the SECURE Act, IRAs and required monthly distributions can end up having a substantial impact...

SECURE Act Results in Major Estate Planning Changes

by coder | Jan 23, 2020 | blog, Blog: Estate Planning

In December 2019, President Trump signed a two-part bill that funds the federal government through 2020. Among the many parts of this bill is the Setting Every Community Up for Retirement Enhancement (SECURE) Act. The SECURE Act results in major changes to rules...

Common Mistakes That Will Damage Your Estate Plan

by coder | Jan 17, 2020 | blog, Blog: Estate Planning

Each estate plan has its weaknesses, but the best ones take their shortcomings into consideration. The less well-written estate plans leave substantial weaknesses that can jeopardize the outcome of a person’s estate. The following reviews some of the most common...

Second Marriages and Estate Planning

by coder | Jan 10, 2020 | blog, Blog: Estate Planning

Grey divorce refers to the end of marriages of people in their 50s and 60s. While it is true that the overall divorce rate in the United States has declined, the rate of divorce among this segment of the population is increasing. Another large group of older...

Reasons to Think Twice About Using a Joint Account in Your Estate Plan

by coder | Jan 3, 2020 | blog, Blog: Estate Planning

On your quest to create the best estate plan possible, at some point, you might have been told by someone that jointaccounts are an invaluable estate planning tool. After all, joint ownership allows you to avoid probate. Instead, when you own property as a joint...