Naming a Trust as Beneficiary of an IRA

Naming a Trust as Beneficiary of an IRA

As the baby boomers get older, and we continue to hear the oft repeated saying, We are about to experience the greatest transfer of wealth in history One of my planners recently asked my opinion about a situation – his client, a concerned parent, is about to retire and has approximately $2,500,000 in qualified money

Leave your Retirement Accounts Alone!

Leave your Retirement Accounts Alone!

I often check the online personal finance section of the Wall Street Journal (found here); many times I find interesting articles which range from the topics credit card debt all the way to macroeconomic theories, but in all honesty, today’s top headline frightened me! The title of the article is, “Investors Pull Money Out of Their 401(k)s”

Series EE Bonds, Income Tax Planning and Estate Planning

Series EE Bonds, Income Tax Planning and Estate Planning

I have always prided myself in my research abilities, whether it be during my undergraduate years, post-graduate education, or during my working career.  In fact I would have to say at least I spend at least 5 to 10 hours a week researching random questions for planners at my firm.  While clerking (basically working for

Carnival of Personal Finance #170

My Article comparing the CDs vs. High yield savings account found (here) was chosen to be apart of the Carnival of Personal Finance #170 found (here).  The Personal Financier went above and beyond highlighting way over 40 or so blog entries for this Carnival. Here are a few that, in my humble opinion are a

Inflatable Union Rat – Why?!

Inflatable Union Rat – Why?!

Maybe this post is personal finance, maybe it is not…but since it is my blog I can rant if I want to.  For the past 4 or 5 months on my way home from work I pass a construction site with a HUGE inflatable rat.  Everyday there are 3 to 4 guys who sit next