The rules regarding withdrawals from inherited IRAs dramatically changed for IRA beneficiaries with the SECURE Act, passed just before 2020.
A common estate plan might provide that upon your death, your assets will be distributed to your children. While that has the benefit of being simple, there can be risks.
Our May/June 2021 Estate Planning Report is now available! Included is the feature article "DAF Notes". Also featured are Cases & Rulings and Washington Talk, a discussion of hot topics in the nation's capital.
When was the last time you reviewed your estate plan? If you haven’t reviewed your plan since the day you originally signed documents at your attorney’s office, you’re not alone.
In today’s digital world, almost everyone has online accounts. Have you thought about what will happen to these assets when you're gone?
You’ve worked hard to accumulate an estate that you hope to pass onto your children, but have you talked to them about it?
From millions of jobs lost, political division, civil unrest, and market swings, to remote work and school. These events have reshaped our world.
The SECURE Act was intended to expand opportunities for taxpayers to save for retirement and to simplify administration for retirement accounts. It has resulted in unique challenges and planning opportunities in the estate planning arena.
What’s unique about working with Central Trust Company is that we can advise you about our many service offerings outside of just the investment realm.
It's important to be prepared if you want your family business to survive the passing of generations.