How to Prepare Your Heirs for Their Inheritance

How to Prepare Your Heirs for Their Inheritance

Leaving an inheritance to loved ones is a timeless way to ensure your family and assets are cared for. Though thinking about our own mortality may be challenging and upsetting at times, it is important to ensure your heirs are prepared before receiving their...
Modern Retirement Trends

Modern Retirement Trends

Retirement is a common goal for working individuals. While the island vacations and country living ideals of retirement have changed, the general sentiment of a well-earned respite from the workforce remains the same. Still, it is productive to consider modern...
What You Need to Know About Inheriting an IRA

What You Need to Know About Inheriting an IRA

Because Congress gave IRA owners tax benefits for saving in an IRA while they’re alive, the IRA tax laws require that IRA savings must be distributed after the IRA owner’s demise. If you inherit an IRA from someone other than your spouse, you must follow the timing...
What to Do When You Inherit Your Parents’ House

What to Do When You Inherit Your Parents’ House

The largest wealth transfer in the history of the world is currently in process. It’s estimated that around $68 trillion will switch hands over the next 25 years. Baby Boomers are currently retiring, and many of them will pass of the scene within the next few...