Greeves & Roethler, PLC
What Is a Dynasty Trust?
Recent studies estimate that 39.6% of Americans 65 years of age or older are victims of financial abuse.
For larger estates, a revocable trust is generally the most effective tool for avoiding probate. It involves some setup costs. However, it allows you to manage the disposition of all of your wealth in one document, while retaining control and reserving the right to modify your plan.
Inheriting an IRA from a parent has a unique set of rules you need to know, which will help you make the most of the money you inherit and avoid a tax-time surprise.