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Inherited IRAs: How the 10-Year Rule has an Impact on Required Minimum Distributions in 2025

Posted on: May 24, 2024
The Internal Revenue Service (IRS) recently delayed its proposed 10-year rule that will impact inherited Individual Retirement accounts (IRAs) and required minimum distributions (RMDs). This article unpacks RMDs, transition relief and how the 10-year rule might impact your estate planning.
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How to Plan for Beneficiaries with Disabilities

Posted on: May 24, 2024
Planning for disabled beneficiaries is important, not only for those beneficiaries with known disabilities but also for those who may be disabled at the time of the decedent’s death.
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elder care

Estate Planning and Long-Term Care: How Can Seniors Afford Skilled Nursing in Their Senior Years

Posted on: May 9, 2024
High healthcare costs often do not align with the fixed income of older individuals, raising concerns about affordability and accessibility. We explore the need for long-term care, why Medicare and Medicaid are not long-term options, and estate planning to plan for skilled nursing care proactively.
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Why Appointing a Guardian for a Minor Child Goes Beyond the Will

Posted on: May 9, 2024
This article emphasizes the importance of not just appointing, but also connecting a child with their potential guardians, ensuring they're cared for by trusted family or friends.
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Safeguarding Against Financial Exploitation: Estate Planning for Cognitive Decline

Posted on: May 2, 2024
As family members and caregivers notice signs of cognitive decline in loved ones, it is essential to take proactive steps to safeguard assets.  Seeking guidance from an elder law attorney to navigate complex planning issues as well as guard against financial exploitation reduces vulnerability to fraud.
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Why is a Will Important?

Posted on: May 2, 2024
While many people put off wills until the unattainable ‘later,’ many others simply fail to create a will because they do not really understand what and how the document works.
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How Parents and Adult Children Talk about Money and Aging

Posted on: April 23, 2024
It’s a conversation fraught with potential tension, in which people examine around concerns about independence, money, responsibility and mortality.
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Asset Protection Strategies for Medicaid Eligibility

Posted on: April 23, 2024
Learn how to protect assets and become eligible for Medicaid with practical strategies, while avoiding questionable methods.
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What You Need to Know about Social Security

Posted on: April 11, 2024
But if you're new to Social Security, it's important to know what to expect. Here are a few aspects of the program you should be aware of.
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