Archive for the ‘Estate Planning’ Category


Inheriting an IRA – Make Sure You Pay Attention to the Rules.

Icon Provided by Joseph Regenstein IV, CMFC on November 10, 2009

What do you do when you inherit an IRA? Good question. Most people don’t know the rules and regulations pertaining to inherited IRA assets. You should. You, not the IRS, should benefit the most in this circumstance.

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Tags: beneficiaries, beneficiary, distributions, heirs, Inherited IRA, IRA, ira assets, ira balance, irs rule, lump sum, required minimum distribution, tax scenario


The Need For A Power of Attorney

Icon Provided by Joseph Regenstein IV, CMFC on November 9, 2009

With more Americans living into fragility, POAs and other advanced directives are becoming more important.
The point of the POA. A Power of Attorney is a legal instrument that delegates an individual’s legal authority to another person. If an individual is incapacitated or mentally incompetent, the POA assigns a trusted party to make decisions on [...]

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Tags: delegates, durable power of attorney, Estate Planning, financial affairs, investment decisions, legal decisions, legal instrument, power of attorney, powers of attorney, probate, retirement benefits