Heirs, Beneficiaries, and Children
Found 25 Articles.
Get access to our full article archive by subscribing to Retirement Watch and Retirement Watch Spotlight Series.
How to Protect Your IRAs for Beneficiaries: A Simple Estate Planning Guide
How do you increase the odds your IRA will last for a long time? Be sure your beneficiaries know what they need to do! Many people have substantial balances in traditional IRAs. Often, a prime goal is for the IRA to help provide for the next generation or two. One way to do so is […]
How to Use a Trust to Save Your Inheritance from Your Heirs, Beneficiaries and Kids’ Mistakes
Too often inheritances aren’t handled well. The kids, no matter their ages, often aren’t prepared to handle the money. It might be dissipated by expenses, taxes, creditors, bad decisions, and more. This article recommends preserving your estate by giving it to a trust instead of outright to your children. It lists the advantages of trusts […]
5 Ways to Enhance Your Legacy with Beneficiary Bequests and Charitable Gifts and Trusts
Legacy planning can be a powerful part of your estate plan. Not all gifts are created equal, especially charitable gifts. You can leverage the benefits of your gifts, enhancing the financial security of yourself and your heirs while being philanthropic. Estate planners often refer to these strategies as planned gifts or planned giving. Often, gifts […]
An Overview of Estate Settlement for Executors, Trustees, and Beneficiaries
After someone dies, an executor is in charge of the estate. There are a lot of steps involved in the estate settlement process. This article gives an overview of the many steps involved with tips on how to handle them. Sometimes, an executor may not even be needed. The most obvious reason being if an […]
SUBSCRIBE TO RETIREMENT WATCH
What you don’t know about retirement can hurt you. In fact, just a few wrong decisions in your investments, taxes, or estate planning could completely derail your retirement plans. Worse yet, the rules of the game keep changing, making it harder to keep up. For these reasons, I’ve assembled all the key points – everything you need to know — into one comprehensive report. Click here today for free access.
Estate Planning Strategy: How to Transfer Real Estate to Family, Heirs and Beneficiaries
Some assets require special Estate Planning. One such asset is what I sometimes call heirloom real estate, or family real estate. This is a property that’s been in the family for a while and that you’d like to continue in family ownership. Heirloom real estate includes vacation homes or other second homes, farms, a longtime […]
Managing the Beneficiaries, Heirs, Trustees, and Executors in Your Estate Planning Process
There’s a time bomb ticking in many estate plans. You likely won’t know if the bomb explodes. The bombs explode in many estates, however, and the only question is how big the explosion will be. The “bomb” is the person, or people, you name to act for you. Whether they act during your lifetime or […]
Transferring Family Real Estate To Heirs and Beneficiaries
Some assets require special Estate Planning. One such asset is what I sometimes call heirloom real estate or family real estate. This is a property that’s been in the family for a while and that you’d like to continue in family ownership. Heirloom real estate includes vacation homes or other second homes, farms, a longtime […]
College Savings Links
General information College savings.org compiles information on all Section 529 plans. Scholarships: Check sources and eligibility at: College Board Fast Web Sallie Mae Fin Aid.org Loan information is available from: National Student Loan Program E Student Loan Department of Education Looking for a college? Try: Embark Campus Tours.com Tax breaks for college […]
