Before diving into the details, it is important to understand that retirement accounts work differently from other assets. These accounts come with strict rules about taxes, timing, and withdrawals. When Congress updates those rules, your family’s inheritance can change significantly, sometimes for the better, and sometimes with surprising consequences. The SECURE Act 2.0, passed in 2022, made several major updates to the original SECURE Act of 2019. Many of these changes shi

In the first part of this series , we introduced a powerful planning tool known as a Lifetime Asset Protection Trust. Here, we take a closer look at how these trusts work in practice and the role they play in protecting your children while teaching them how to manage and grow the wealth you leave behind. If you plan to leave your children an inheritance of any amount, you likely want to do everything possible to ensure it is protected and used wisely. While many estate plans

When you begin thinking about estate planning, one of the first questions you may ask is whether you need a will, a trust, or both. You may hear conflicting advice from friends, social media, or television personalities, which can make the decision feel overwhelming. While both wills and trusts can play an important role in your estate plan, the real issue is not choosing one document over the other. The real issue is creating a plan that actually works when your loved ones n