Estate Planning Tip of the Day: Retirement Accounts
Do you have a 401(k), IRA, or similar retirement account? Without an estate plan, your designated beneficiary may not reflect your current wishes, and may result in burdensome tax consequences for your heirs. With an estate plan, you can choose your preferred beneficiary, and control access to large accounts – plus, you determine who gets what is left.
Share This Story, Choose Your Platform!
Disclaimer: This website provides general information and discussion about legal topics. The content is not legal advice and should not be relied upon as such. Always seek the advice of a licensed attorney for legal matters.