Latest Blog Posts
Does Your Revocable Living Trust Reduce Your Estate Tax Bill?
Posted on: September 18th, 2014
Many people believe that once they set up and fund a revocable living trust, property held in the trust will avoid estate taxes after they die. In reality, this may or may not be true depending on your choice of beneficiaries and the terms written into your trust agreement....
U.S. Supreme Court Rules Inherited IRAs are Not Protected from Creditors
Posted on: August 31st, 2014
On June 12, 2014, the U.S. Supreme Court--in a unanimous decision--ruled that Individual Retirement Accounts (IRAs) inherited by anyone other than a spouse are not retirement funds and therefore are not protected from the beneficiary's creditors in bankruptcy....