Do I Need an Estate Plan If I’m 25?
“As soon as you are an adult, you should have an estate plan in place.”
Can I Use a Roth IRA in Estate Planning?
“Roth IRAs and Roth IRA conversions have received a lot of press recently. Between the various tax proposals that have been floating around Congress and normal year-end tax planning strategies, Roth IRAs are a popular topic.”
Have You Considered Estate Planning for Fido?
“Whether referred to as companion animals, service animals or simply as pets, they play an important part in the lives of many. Owners can use estate planning tools to ensure their pets continue to receive proper care, if the owner becomes incapacitated or dies.”
What are Top ‘To-Dos’ in Estate Planning?
“The biggest misconception people have about estate planning is that “they are not that old and can do it later,” say almost half (49%) of advisors in a recent Key Private Bank Advisor Poll on estate planning. Yet, the majority (73%) of advisors say the ideal age to start putting an estate plan in place is before 40—earlier than many people think.”
Can You Answer Key Retirement Questions?
“You’re closing in on retirement, but you’re not there yet. Are you on track?”
What are the Biggest Estate Planning Mistakes?
“Taking a few simple steps now can potentially help save your beneficiaries thousands in legal fees and taxes.”
What Can I Do to Catch Up on Retirement Savings?
“Are you among the millions of workers who have fallen behind on retirement savings?”
What Should I Know about Beneficiaries?
“Whenever you open a financial account, you’re almost always asked to name a beneficiary. Simply stated, a beneficiary of the account is someone who is entitled to the benefits of the account, typically, on the death of the account holder. If you’ve purchased life insurance, for example, you name a beneficiary, who receives the benefits of the policy when you pass.”
What Are the Penalty-Free IRA Withdrawals?
“The contributions you make to your individual retirement account (IRA) are intended to supplement your income during your retirement years. However, as much as you’d like to let your IRAs remain untouched until retirement, unforeseen expenses may force you to withdraw some of those assets early.”
Some Estate Planning Actions for 2020
“This time of the year is a great time to revisit your estate plan, so you can ensure your legacy is protected for years to come.”