Maybe you’ve heard of “The Gentle Art of Swedish Death Cleaning.” It’s a guide to proactively downsizing your stuff while you ...

Standard retirement account beneficiary forms may not be flexible enough to ensure your money passes to family members ...

A variety of financial accounts, including retirement plans and life insurance, allow individuals to designate beneficiaries. Whoever is named on a beneficiary designation form will receive those ...

Having a will may not matter to the loved ones listed as beneficiaries unless there is a trust in place, making it easier for ...

Liam generally has 10 years from the date of his sister’s death to fully withdraw the funds from the inherited 401 (k), once ...

When I meet with clients to discuss estate planning, I always explain that the documentation that we help put together for them does not override any previously designated beneficiaries on things like ...

Your spouse’s employer plan may force you into withdrawals sooner than you think. Here’s what you need to know.

A recent federal court case, Proctor & Gamble U.S. Business Services Company v. Estate of Rolison, No. 3:17-CV-00762 (M.D. Pa. April 29, 2024) ("Rolison"), serves as an important reminder of the need ...

As was the case with the 2022 proposed regulations, the newly finalized regulations provide that a retirement account owner is treated as having no eligible designated beneficiary if the owner has ...

The SECURE Act changed the rules for many individuals who inherited individual retirement accounts. However, even though SECURE took effect five years ago, advisors continue to receive questions from ...

LINDA M. JOHNSON, CPA, PhD, is associate professor of accounting at Kennesaw State University in Kennesaw, Georgia. Her e-mail address is [email protected] . RAs have long been a ...