“Thought for the Day” #905 – by Stephen R. Elville, J.D., LL.M.

February 14, 2017

Retirement plans (IRAs and Qualified Plans) often comprise fifty percent or more of family assets in estate planning.  Yet most individuals and couples do not understand the unique nature of their retirement plan assets and how they “work” in relation to the mechanics of conventional estate planning that focuses on the orderly disposition of non-retirement assets.  Become fully educated about the disposition of your retirement plan assets.  Don’t expertly plan for the disposition of your non-retirement assets but leave your retirement plan assets to fend for themselves.  They can’t!