Thursday, February 25, 2021

Tax-Smart Strategy: Leaving IRA Money to Charity

These days, many people have a large percentage of their wealth in the form of traditional IRA accounts. In most cases, this is because significant...

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Could Your Beneficiaries Make the Cut? The SECURE Act’s Eligible Designated Beneficiary

Ushering in the new 10 Year Rule, the SECURE Act has changed the way inherited retirement accounts are now distributed. That is, to everyone...

The New Legal Rights of Your Beneficiaries: Should These Be Drafted Out of Your...

In keeping with uniform trust law, Illinois has joined 34 other states in adopting its own version of the Uniform Trust Code known as...

Your Quick Guide: What to Do About the SECURE Act and Your Estate Plan

On December 20, 2019, President Trump signed the Setting Every Community Up for Retirement Enhancement Act (SECURE Act), effective January 1, 2020. This law...

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Getting Married? Issues to Consider When Purchasing Property Before the Wedding

Let's say a couple is engaged to be married. However, before the marriage ceremony, the couple decides to purchase a marital home. Possibly, they want...