As summer continues, so does our series exploring timeless financial lessons inspired by some of the biggest hits of the 1980s. If you’re in your 50s or 60s, these songs probably bring back more than just great memories; they remind…
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5 Beneficiary Designations You Should Have
Most people know they need a will, but far fewer realize that beneficiary designations often control where money actually goes. That means if your designations are outdated, missing, or incomplete, your assets may not pass the way you intended. It’s…
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How to Protect Digital Assets in an Estate Plan
For many high-net-worth families, estate planning conversations center around tangible and financial assets: investment portfolios, real estate, and business interests. Yet an increasingly significant portion of a client’s life now exists in a place traditional planning often overlooks: the digital…
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RMD Rules for Trusts Inheriting an IRA: Timing Is Everything
By now, you’ve learned that when a trust inherits an IRA, several layers of rules come into play — from see-through status to trust type and beneficiary class. The final big piece is understanding Required Minimum Distributions (RMDs) and how they differ…
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When a Trust Inherits an IRA: Understanding a See-Through Trust
Naming a trust as the beneficiary of an IRA can be a smart move, especially if you want to protect heirs, control how money is distributed, or make sure assets are managed responsibly. But when an IRA passes to a…
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What Happens to Your HSA When You Die?
Health Savings Accounts (HSAs) are fantastic during your lifetime, but what happens to that money when you’re gone isn’t always intuitive. In fact, HSAs behave very differently depending on who inherits them, which makes beneficiary planning especially important. If you…
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Home DNA Kits Are Changing Estate Planning (Whether Your Family’s Ready or Not)
A decade ago, a surprise cousin match on a DNA site was mostly just a fun conversation starter. Now? At-home DNA kits are showing up in real-life estate disputes, poking holes in assumptions families make about “who counts,” and forcing…
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