LIFE AND DEATH PLANNING FOR RETIREMENT BENEFITS
Key Planning Questions for IRAs, 401Ks, Pensions, and other Qualified Retirement Plan Benefits.
Virtually all persons who have substantial retirement assets will benefit from proper planning for those assets. Here are just some of the many critical questions that should be considered in planning for this very important asset. My firm can assist you in addressing these planning issues.
- When Should the Participant Take Plan Distributions?
- How Much Should the Participant Take?
- Charitable Giving: Pros, Cons and Pitfalls of Using Charities as Beneficiaries of Retirement Benefits.
- Can a Retirement Plan Invest in a Life Insurance Policy on the Plan Participant?
- What Are the Minimum Distribution Rules and How to Take Minimum Required Distributions (MRDs)?
- Should a Trust Be Made the Beneficiary of a Retirement Plan Death Benefit? How Is this Done?
- Can I Make My Revocable Trust the Beneficiary of My Lifetime Retirement Benefits?
- Who Will Make Retirement Plan Decisions If the Participant Becomes Disabled?
- How Should the Beneficiary of a Retirement Plan Take Death Benefits?
- What Should Be Done If There Are Multiple Beneficiaries?
- Should the Surviving Spouse Make a Spousal Roll-over?
- Naming Successor Beneficiaries When Inheriting a Retirement Plan.
- Should a Credit Shelter Trust Be Funded with Retirement Benefits and How Is this Done?
- Should a Marital (QTIP) Trust Be Funded with Retirement Benefits and How Is this Done?
- Roth IRAs Versus Traditional IRAs.
- What Should Be Done If a Spouse Is Not a U.S. Citizen?
Naturally, clients’ goals must be considered in answering any of these questions, and conflicting goals often complicate planning beyond those questions posed by traditional estate planning issues.
For further information on Retirement Benefit Planning, you can call me at (305) 455-2040 or email me:
