Protect your IRA from Your Kids’ Creditors and Their Poor Choices

Supreme Court Rules Inherited IRAs Not Protected

Don’t Leave Your IRA to Your Kid Outright IRAs are wonderful investments.  Many people want to leave unused funds to their children.  They simply name their kids as a beneficiary and think that everything is set.  Many fail to understand that merely naming the children as beneficiaries may result in the loss in the value… Continue reading Protect your IRA from Your Kids’ Creditors and Their Poor Choices

The Flexible Irrevocable Trust Provides Asset Protection

  Revocable Trusts are familiar to anyone who has considered estate planning. Basically, the Settlor (person creating the Trust) retains complete control over the assets in the trust, can withdraw the principal for any reason, can change the beneficiaries, and can change the successor Trustees. The problem with a Revocable Trust is that whatever you… Continue reading The Flexible Irrevocable Trust Provides Asset Protection

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