It has been almost four years since I have discussed deeds in any detail in this column. If you own your own home you have probably seen a deed. It’s only one page long. It’s pretty simple – NOT! It …
Have Medical Directives Available When You Need Them
You have done your estate plan, including your medical directives. Of all your legal documents your medical directives are the only ones that you may need access to quickly in an emergency. It has been reported in the Journal of …
Trusts as IRA Beneficiaries
There seems to be a lot of misconceptions in the financial advisor community about naming trusts as beneficiaries of retirement accounts such as IRAs, 401(k)s, 403(b)s and 457(b)s. Even though the IRS issued final regulations regarding retirement account minimum distribution …
New Rules Take Bite Out of Annuity Peddlers’ Income
There has been an epidemic in the United States of inappropriate high-fee financial products being sold to unsuspecting investors. These financial products, mostly annuities, are being pushed by financial services companies and their annuity peddlers, who are not looking out …