Even if you remember to assign your IRA with the correct beneficiary designation, there are many benefits in using a trust to distibute your IRA after death.   One such benefit is the ability to provide asset protection to your beneficiaries once they receive the money from the IRA.  Recently, the Florida Supreme Court ruled that inherited IRA’s do not have the same asset protection features as self-owned IRA’s do.  A trust would supply the asset protection that an inherited IRA currently lacks.

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• Unlike an IRA, a 401k will automatically transfer to a surviving spouse no matter who the designated beneficiary is. #
• Is a Charitable Remainder Trust Right For You?: http://EzineArticles.com/4710561 #

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• Unlike an IRA, a 401k will automatically transfer to a surviving spouse no matter who the designated beneficiary is. #
• Is a Charitable Remainder Trust Right For You?: http://EzineArticles.com/4710561 #

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Unlike an IRA, a 401k will automatically transfer to a surviving spouse no matter who the designated beneficiary is.

• is looking to meet Financial Advisors, Life Insurance Agents, and CPA's in Broward County, Florida. #
• Small business owners have most assets tied up in their business, yet they have no plan as to how to get those assets back to their family. #
• Why haven't you had your will and other estate planning documents drafted yet? #

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• Why haven't you had your will and other estate planning documents drafted yet? #

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