Did you know that certain non-probate assets – such as retirement plans, life insurance proceeds, and annuities – may not be controlled by your will or trust? In this short video, Winstead PC attorney John Bergner explains how integrating non-probate assets with the assets your will does govern is an important component to controlling the disposition of your estate, avoiding your assets passing to unintended beneficiaries, and making sure your intentions will be realized.
SMRU 1866308 | Exp. 5/27/24
The release of the highly anticipated revised RMD tables combined with the recent passage of the original SECURE Act and the likely passage of “SECURE 2.0” has raised many questions on how the revised tables work in the context of the new retirement planning legislation. This article addresses these questions and can help identify new planning opportunities for additional tax deferral.
SMRU 1941210 | exp. 5/26/24
In the absence of planning, an individual’s retirement savings can easily become scattered among a multitude of retirement accounts and be forgotten. Consolidating retirement accounts can help manage assets and track progress toward retirement goals. Before consolidating your accounts, read this article to learn about factors to consider to avoid potentially costly mistakes.
SMRU 1936164 | Exp. 4/13/24
Many business owners seem to think they’re going to live forever and thus have done no succession planning, despite the COVID-19 pandemic illustrating more than ever the need to be prepared for probable, or inevitable, events or setbacks. Planning to work forever is not a business succession plan, and without one, when adverse events occur, the results can be devastating. This article looks at three critical elements business owners should consider to create a successful transition plan that can help maximize the business’s value for themselves or their families and increase the firm’s longevity.
SMRU 1928490 | Exp. 2/4/24
Electing to receive Social Security benefits prior to reaching full retirement age may not be the best decision. Read this article to learn why waiting until full retirement age (or later) can substantially increase the ultimate Social Security benefit received.
SMRU 1802458 | Exp. 9/14/23
Converting a traditional IRA to a Roth IRA can offer certain economic advantages, depending on a variety of factors. Read this article, written by noted CPA Robert Keebler of Keebler & Associates, LLC, to learn more about the issues you’ll want to consider if you’re contemplating converting your own traditional IRA.
SMRU 1809205 | Exp. 3/17/2023
Watch this short video to learn what employees are concerned about when considering retirement, and how medical practice owners can address those concerns.
SMRU 1881946 | Exp. 7/9/23