Elder Law and Estate Planning Attorney
People not familiar with children with special needs often find it surprising when we explain our areas of expertise are estate planning, long term care planning, elder law and special needs planning. They usually haven’t considered that children with disabilities Read More …
A stretch IRA was an estate planning strategy that applied to an Individual Retirement Account (IRA) inherited by a non-spouse, such as a child beneficiary. By using the stretch strategy, IRAs could be passed on, taking advantage of tax-deferred and/or tax-free Read More …
The topic of beneficiaries and retirement accounts is one we’ve covered before in “Updating Your Beneficiaries. Estate Planning Tips from Joseph Motta”, but in this post we go into more depth of how your 401(k) and individual retirement accounts (IRAs) Read More …
You know the importance of estate planning and have taken careful consideration to have your “ducks in a row.” You drew up a will and trust with your spouse, purchased the right amount of life insurance for your family, designated Read More …
Ideally, when a second marriage joins two families together, it should be a joyous occasion that creates one bigger blended family unit. Unfortunately, when the estate plan lacks clarity, it too often also creates inheritance fights between stepparents and children. Read More …
Many people periodically update their wills or other estate plans, but don’t update who will receive distributions from their retirement plans (such as IRAs and 401(k)s) upon their deaths. Every year you should review your entire estate plan, and the Read More …
