Category Archives: Estate Planning
Why You Need a Will Even Though You Have a Living Trust
A comprehensive estate plan often involves use of a living trust. Also known as a revocable trust, this is a legal instrument whereby you can manage assets during your lifetime and direct how they will be managed and distributed after your death. If you have one, you might question whether you also need to make… Read More »
How the SECURE Act Can Affect Your Retirement Account Distributions
The federal SECURE Act (Setting Every Community Up for Retirement Enhancement) has introduced significant reforms to retirement savings laws in the United States. Its provisions can profoundly affect estate planning strategies involving retirement benefits, particularly individual retirement accounts (IRAs) and other qualified retirement plans such as 401(k)s. The following are among the key provisions of… Read More »