IRAs that are beneficiary designated to children, nieces and nephews, or other non-spouse beneficiaries should instead be beneficiary designated to a trust for the benefit of the non-spouse beneficiary where asset protection for the beneficiary is desired (protection from the claims of the beneficiary’s creditors; bankruptcy protection).
- What the Federal Long Term Care Insurance Program Means for You
- How to Plan for Short Term Disability
- Buying Special Needs Housing? Use These Tips!
- Elville and Associates to Host Series of Estate Planning Workshops October 22nd – 24th in Columbia/Ellicott City
- Why Wealthy Retirees Don’t Spend Their Money
- Meeting with Family About Elder Care
- Elville and Associates’ 2019 Annual Client Event — “What Families Need to Know about Planning for Loved Ones with Disabilities”
- The Latest News on Autism in America
- Age Well While Saving Money
- Social Security Benefit Regulations for a Retired Parent and His/Her Spouse of Children with Special Needs