Articles
MYTHS AND FACTS ABOUT USING IRA TRUSTS
I’ve had many questions lately about when to use a separate IRA trust as your IRA’s beneficiary. Here are the myths and facts to know before you set one up.
YOU’VE BEEN NAMED AS EXECUTOR OR TRUSTEE TO A DECEASED PERSON’S ESTATE: NOW WHAT?
If you’ve been named as an executor in a will or as a trustee in a trust, you have some important responsibilities and obligations that arise upon the death of a loved one.
What is a Joint Venture Agreement and When Should You Use It?
Take careful consideration when a joint venture agreement is used in real estate investments, business start-ups, and in other business situations.
RESOLVING TAX DISPUTES WITH THE IRS: WHAT ARE MY OPTIONS?
The IRS has some significant collection tools it can use to collect federal taxes. The IRS can lien assets such as your home, seize cash in bank accounts and garnish wages.
401K MILLIONAIRE CLUB IS GROWING: HOW DID THEY GET THERE?
Fidelity Investments, the largest provider of 401(k) plans, recently announced data on their 13 million 401(k) customers accounts that provides an insight into saving for retirement.
TALKING TO YOUR LAWYER, WHAT IS ATTORNEY CLIENT PRIVILEGED?
When planning your business and tax structure with your lawyer, it’s important to understand what is privileged and what is not. Here’s how privilege works.
HOW TO TRANSFER TITLE FROM A DECEASED SPOUSE
When spouses own property with rights of survivorship, the first spouse’s interest passes to the survivor at death. Here’s how to transfer title from a deceased spouse.
IRAs and Annuities: What You Need to Know
Although IRAs are the most common retirement account and annuities are the most popular investment for retirees, they shouldn’t ordinarily be combined.
PRECIOUS METALS BULLION IN IRAs: SATISFYING THE ‘PHYSICAL POSSESSION’ REQUIREMENT
In 1986, Congress allowed IRAs to invest in precious metals bullion. Here’s how IRA owners can satisfy the “physical possession” requirement the right way.
Self-Directed IRA & 401(k) Prohibited Transaction Disqualified Person Diagram
If you self-direct your retirement account, know the rules regarding prohibited transactions, which restrict who your SDIRA or 401(k) may transact with.
