Trusts

Trusts are a very common way to protect estate assets and direct the distribution of estate moneys. What is often not considered in the creation of a trust is the duties that befall on the trustee. Often, creators of trusts ask friends and family to be a trustee and those who are asked, must read this book. Though often considered an honor, there are significant headaches that go along with being a trustee not to mention the potential for being the target of litigation.

�Can You Trust Your Trust is also a great primer for CPAs and attorneys who may find themselves dealing with a client who is a trustee.

Inherited IRAs: What Your Family Needs to Know by our very own Sy Goldberg
Retirement assets often represent a significant portion of an individual’s wealth. Tax and financial planning for a client with substantial retirement assets is a must. This is especially true in the case of inherited IRAs — where a few missteps can wipe out a substantial portion of these inherited IRA assets. In this downloadable e-book, you’ll learn about the following:

  • Common errors involving retirement distributions
  • Why many beneficiary forms are defective (sample IRA beneficiary forms)
  • Who should pay your estate tax on your retirement accounts
  • How to tie in your estate plan with your retirement assets
  • How the inherited IRA rules work with many examples
  • How the spousal IRA rules work
  • How to have an IRA payable to a minor
  • Use of separate irrevocable spendthrift trust as beneficiary of an inherited IRA for asset protection purposes
  • And much more click here