by Karen Stewart | Jan 16, 2020 | Estate Planning
The President signed into law the Setting Every Community Up for Retirement Enhancement (SECURE) Act. Now, for decedent’s dying in year 2020 and beyond, the Act mandates the maximum period over which an inherited IRA can be withdrawn is 10 years for most non-spouse...
by Karen Stewart | Sep 19, 2019 | Estate Planning
What can you do to keep predators from scamming your parents out of the money they saved over a lifetime? Part of the problem is that laws designed to protect their privacy can handcuff your efforts to intervene to help. “You’ll need your parents’ consent to...
by Karen Stewart | Jun 20, 2019 | Estate Planning
It’s important to have them sign Powers of Attorney to make you their agents in case of emergency. Once a child turns age 18, you are no longer the legal guardian and cannot make financial and medical decisions for him or her. Therefore, it is important to have...
by Karen Stewart | Apr 4, 2019 | Estate Planning
You can ease the burden on your surviving partner, or family members, by discussing key financial matters today. Here are steps to get your affairs in order: Gather financial papers. Store deeds, passports, insurance policies, estate documents and the latest...
by Karen Stewart | Jan 29, 2019 | Estate Planning
Question: I have a tax question that I hope you can help me with. My father passed last year. About six months before he passed, he gifted me a variety of stocks that he had held for years. In total, I received about $100,000 worth of stocks. When my father passed, I...
