by Arthur Geffen | Feb 12, 2020 | Estate Planning, IRA
If you have a substantial IRA or 401(k), your estate planning may be obsolete due to the new SECURE Act. The Setting Every Community Up for Retirement Enhancement Act (SECURE Act), signed into law on December 20, 2019, drastically changes the rules for...
by Arthur Geffen | Jun 27, 2014 | Estate Planning, Estate Planning Solutions, IRA
Before Leonard Smith lost his battle with cancer in 2008, he worked with his financial advisors and attorneys to make sure his children received the balance of his retirement funds when he died.A single mistake, however, thwarted his well-laid plans. Family...
by Arthur Geffen | Apr 13, 2012 | Estate Tax, Income Tax, IRA
Inherited individual retirement accounts made news earlier this year when the Senate Finance Committee proposed to make heirs empty them within five years of the benefactor’s death. The measure, which was abandoned shortly thereafter, would have upended a...
