Retirement Benefits Planning

The Secure Act changed how many clients should plan for and name beneficiaries of retirement assets.

What is the Secure Act and how did it affect the designation of beneficiaries for retirement plans and IRAs? Elimination of the lifetime stretch (payout) of IRA benefits for most beneficiaries. Exceptions for Eligible Designated…

The enactment of the SECURE Act late last year has been a hot topic among estate and financial planners for the past several weeks. Of most importance to those of us who draft estate planning documents is how the Act affects existing and…

Signed into law December 20, 2019, SECURE has radically changed the estate planning landscape for clients’ retirement benefits. Except for a few types of beneficiaries, the life expectancy payout is gone with the wind, replaced by a maximum…

Non ILS subscribers can rent this recorded webinar on-demand. Estate Planners are – perhaps surprisingly – starting off 2020 with a significant change in a major area of estate and financial planning.

Outright vs. in trust. Conduit vs. accumulation. Integrated into the estate plan vs. “stand-alone.” These are all choices that must be made by estate planners when their clients have retirement benefits such as pensions, 401(k) plans,…

InterActive Legal provides several ways of drafting trusts that are designed to receive distributions from retirement plans and individual retirement accounts. One option is the new “Retirement Benefits Trust”.

In InterActive Legal’s February Subscriber Drafting Webinar, we’ll explore “What’s New” in InterActive Legal, demonstrating new enhancements to the program.

It has been estimated that there is over $28 billion in qualified retirement plans (QRPs) and Individual Retirement Accounts (IRAs) for Americans. These arrangements offer tremendous financial benefits for the QRP participants and IRA…