Estate Planning, Financial Planning, Tax Planning

How the SECURE Act Could be Detrimental to Your Beneficiaries

Many people own a trust as part of their estate plan. Prior to 2020, it was common to have the beneficiary of an IRA be a trust. A See-Through Trust allows individuals to pass IRAs, via a trust, to their trust beneficiaries. There are several reasons to name a trust as the beneficiary of an… Continue reading How the SECURE Act Could be Detrimental to Your Beneficiaries

Estate Planning, Tax Planning

Why You Shouldn’t Add Your Heirs to Your Deed

No one likes planning for their own death, but when it comes to your wealth and taking care of your family, it’s a necessity. Over the last few months, I’ve had clients ask about putting their heir(s) on the deed of their properties. Additionally, I’ve learned some have followed through on this, not knowing the… Continue reading Why You Shouldn’t Add Your Heirs to Your Deed