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How Does the IRS Rule on Inherited IRAs Work?

October 31, 2023
Before the original SECURE Act, IRA owners who died were able to leave their accounts to their children, grandkids, or other non-spouse individual beneficiaries, and heirs could stretch required minimum distributions (RMDs) over their own lifetimes, thus allowing the funds in the accounts to grow tax-free for decades.
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Transferring Property to Heirs? Skip Top Five Mistakes

October 30, 2023
Death is inevitable, but dying without an estate plan is not. Estate planning is a must for property owners, no matter how uncomfortable the subject might make you.
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How Do I Make a Care Plan for Mom?

October 29, 2023
At some point, most older people will need help getting through the day. According to the U.S. Department of Health and Human Services, someone turning 65 today has a 70% chance of eventually requiring assistance with basic living activities, such as bathing, dressing and using the toilet.
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How Does a Special Needs Trust Work?

October 28, 2023
If you have a family member with special needs, you might face emotional and physical issues. However, you also may be concerned about maximizing the financial support that your loved one requires.
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What are Benefits of Creating a Life Estate?

October 27, 2023
By understanding the features of a life estate and creating one at the right time, you can reap the following benefits….
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When is a Trust a Good Idea?- 2

October 26, 2023
If having assets distributed outright to a beneficiary could cause potential problems, there are several reasons to think about creating a trust.
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Don’t Fall for These Medicaid and Estate Myths

October 23, 2023
Since estate issues, one way or another, affect everyone over time (since death does) and since Medicaid planning has for many years been a topic of popular conversation—and popular misconceptions in the U.S., it is not unusual that both subjects have generated misunderstandings and, in some cases, folklore that has persisted.
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Is There Government Financial Assistance Available

October 22, 2023
Life resource planners and elder law lawyers can be useful for individuals with dementia and their families who need assistance with financial and legal planning.
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What Should I Know About Prediabetes?

October 21, 2023
Around 96 million American adults have prediabetes. Most—roughly 80%—aren't aware they have the condition.
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How to Decide on an Executor?

October 20, 2023
Have you found an executor (also known as a personal representative) to handle your affairs should you become incapacitated or die?
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