by Randy Coleman | Jul 16, 2013 | Advance Directives in Florida, Designation of Health Care Surrogate, Disability Planning, Durable Power of Attorney, Elder Care, Elder Law, Estate Planning, Health Care Power of Attorney, Individual Retirement Accounts, IRAs, Living Will, Long Term Care, Medicaid Planning, Medicare, Nursing Homes, Retirement Accounts, Retirement Planning, ROTH IRAs, Social Security, Veterans Pension Benefits |
The aging, healthcare and special needs conversation is vitally important to you and your family. Except for government employees and Social Security, retirement plans that pay benefits until death are pretty much a thing of the past. Plus, people today are living...
by Randy Coleman | May 3, 2013 | Annuities, Asset Protection, Charitable Lead Trusts, Charitable Planning, Charitable Remainder Trusts, Grantor Retained Annuity Trusts, Income Taxes, Individual Retirement Accounts, IRAs, Life Insurance Protection, Retirement Accounts, Retirement Planning, ROTH IRAs |
The American Taxpayer Relief Act of 2012 (which became law on January 2, 2013) made permanent the temporary estate/gift/generation-skipping transfer tax exemptions established in December 2010, increased the rate on non-exempt estates/gifts/generation-skipping...
by Randy Coleman | Mar 13, 2013 | Asset Protection, Beneficiary Designations, Estate Planning, Income Taxes, Individual Retirement Accounts, IRAs, Irrevocable Trusts, Retirement Accounts, Retirement Planning, Revocable Living Trusts |
Many people have large IRAs and retirement plan accounts and need special estate planning for these assets. A 2009 study by the Investment Company Institute found that retirement plans account for 34% of all household financial assets, up from 14% in 1978; IRAs alone...
by Randy Coleman | Feb 11, 2013 | Beneficiary Designations, Estate Planning, IRAs, Titling of Assets, Wills and Probate |
For the last two months, we have been singularly focused on helping people get their end of the year planning in place and moving our office to a new location. The year end for 2012 was more busy than usual because of all of the uncertainty surrounding the tax...
by Randy Coleman | Feb 29, 2012 | Asset Protection, Beneficiary Designations, Estate Planning, Individual Retirement Accounts, IRAs, Retirement Accounts, Retirement Planning, Revocable Living Trusts |
There is a difference of opinion among estate planning professionals regarding designating a revocable living trust as a beneficiary of a 401(k) plan or other retirement plan (such as an IRA). Some of the differing opinions derive out of misconceptions involving the...
by Randy Coleman | Sep 8, 2011 | Beneficiary Designations, Estate Planning, Individual Retirement Accounts, IRAs, Retirement Accounts, Retirement Planning, Revocable Living Trusts, ROTH IRAs |
An article in today’s Wall Street Journal and a recent Florida Supreme Court decision are emphatic reminders of why you should periodically review your beneficiary designations for retirement plans and life insurance policies. The Wall Street Journal...
