WARNING: DON’T LET CREDITORS INHERIT FROM YOU

Gabriel Katzner - January 21, 2016 - Asset Protection

(This is part 3 in a 3-part series). Shocking to most people, the retirement account you leave for your spouse can be seized in a divorce, lawsuit, or bankruptcy. 3 Options Available To Surviving Spouses When your surviving spouse inherits your IRA, he or she generally has three options: Cash out the inherited IRA and […]

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5 REASONS TO PROTECT YOUR RETIREMENT ACCOUNTS NOW

Gabriel Katzner - January 20, 2016 - Estate Planning

(This is part 2 in a 3-part series). During your lifetime, your retirement account has asset protection, but as soon as you pass that account to a loved one, that protection evaporates. This means one lawsuit and POOF! Your life long, hard earned savings could be gone. Fortunately, there is an answer.  A special trust called […]

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CAUTION: CREDITORS NOW HAVE EASY ACCESS TO INHERITED IRAs

Gabriel Katzner - January 19, 2016 - Estate Planning

(This is part 1 in a 3-part series). Do you have IRAs or other retirement accounts that you plan to leave to your loved ones?  If so, proceed with caution.  Most people don’t know the law has changed: in Clark v. Rameker, the United States Supreme Court effectively ruled that inherited retirement accounts no longer […]

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NAME AN IRA BENEFICIARY

LEARN HOW TO NAME AN IRA BENEFICIARY

Gabriel Katzner - May 31, 2015 - Estate Planning

It seems easy: just pick who you want to inherit the money in your IRA and list them as the IRA beneficiary. It doesn’t seem like a topic deserving of its own article. But your family could end up losing a substantial amount of money if you designate the wrong beneficiary. A beneficiary designation is […]

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