Getting divorced and dividing assets is no small feat. The transfer of assets in a qualified retirement plan to a nonparticipant spouse without facing severe tax consequences can be achieved
When it comes to your 401(k) plan, you may have a choice to make regarding contributions: pre-tax (traditional) or after-tax (Roth). The optimal choice depends on your current tax situation,
When creating estate plans, people typically factor in their children and grandchildren and plan accordingly. For those who would like to plan beyond the future two generations, leveraging a dynasty trust
On one hand, you want your estate plan to achieve certain “technical” objectives, which may include reducing gift and estate taxes and protecting your assets from creditors’ claims or frivolous
Both traditional and Roth IRAs can be impactful estate planning tools. But with a self-directed IRA, you may be able to increase the benefits of these tools by enabling them
If you’re taking your first steps on your estate planning journey, congratulations! While thinking about one’s mortality is never pleasant, having a plan in place can provide peace of mind
A key objective in creating a thorough estate plan is to maintain family harmony after your death. Generally, with an estate plan in place, you have the peace of mind
When it comes to digital assets, it’s important to know that, unlike many assets, they leave little to no “paper trail.” Meaning, unless your estate plan specifically provides for them,
Failing to address any owned foreign assets in your estate plan can cause unexpected outcomes. With the help of an experienced estate planning advisor, you can structure the ownership of
Health Savings Accounts (HSAs) allow eligible individuals to lower their out-of-pocket health care costs and federal tax bills. Now might be a good time to consider an HSA (if eligible),
