5 mistakes people make regarding their estate
At Strategic Retirement Plans we work with each client to make sure all 5 areas of their financial plan are complete. However, many times when we begin working with new […]
Will vs. Trust: Is One Better than the Other?
When it comes to planning your estate, you might be wondering whether you should use a will or a trust (or both). Understanding the similarities and the differences between these […]
Key Estate Planning Documents You Need
There are five estate planning documents you may need, regardless of your age, health, or wealth:
Durable power of attorney
Advanced medical directives
Will
Letter of instruction
Living trust
The last document, a living trust, isn’t […]
Supreme Court Rules on Inherited IRAs
As a result of the Supreme Court’s recent decision in Clark v. Rameker, IRA assets inherited by a nonspouse beneficiary are no longer protected from creditors in a bankruptcy proceeding.
Background
In […]
Avoiding Inheritance Conflict in Your Family
Even in the most close-knit families, an inheritance can cause a feud if the deceased hasn’t left a detailed plan. You might be thinking, “That would never happen to my […]
Organizing Your Finances: Before and After a Personal Loss
The death of a spouse or life partner is one of the toughest events you can go through. Along with the emotional adjustment of continuing on without your best friend, […]
