Description
In this class you will discover how to integrate your legal, tax and financial plans We will learn:
- The mistake many people make that could disinherit their spouse and kid
- How the SECURE Act and other legislation made major changes to inheritance rules
- How to know whether a will or a trust is better for your circumstances
- How the Biden tax changes will change who you should leave money to
- What assets are better to hold under the new economic set-up
- How leaving an IRA to the wrong beneficiary could cost you 35% to 50% in additional taxes
- Who should inherit each different type of money. IRA’s, ROTH, non-qualified, stocks, bonds, annuities, etc. all have different tax consequences
