What was a stretch IRA? Prior to January 1, 2020 rules allowed an IRA account holder to name a spouse as primary beneficiary and children as the contingent beneficiary. After the account owner’s death, the spouse and then the children could take distributions over their respective life … [Read more...] about Say Goodbye to the Stretch IRA
Benefits Of Having A “Power Of Attorney” In Estate Planning
A power of attorney (POA) is a document that gives another person the legal ability and permission to represent you in different legal and medical matters. You’ll appoint an agent, who will handle matters on your behalf if you are unable to. The agent acts on your behalf and in your best … [Read more...] about Benefits Of Having A “Power Of Attorney” In Estate Planning
