Why Naming Beneficiaries Is Important to Your Estate Plan
If you’ve ever spent time working through your estate plan, you know how important it is to select and update your beneficiaries.
Ethan Huizenga January 27, 2022
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4 Financial Effects After a Spouse’s Death
The death of a spouse is one of the most difficult things imaginable. Besides the emotional toll, surviving spouses typically confront financial issues, which often trigger tax-related questions and consequences.
Ethan Huizenga August 18, 2021
5 Costly Mistakes with Social Security
On its surface, Social Security seems like a fairly straightforward program. You and your employer pay a tax based on your earnings, while you work. When you retire, you get a lifelong income stream that’s somewhat tied to how much you paid into the system.
Ethan Huizenga April 8, 2021
Should a Trust be a Beneficiary of My IRA?
It’s generally a bad idea to name a trust as beneficiary of your IRA.
Ethan Huizenga March 10, 2021
How to: Plan for Spouse’s Medicaid
When a spouse enters a nursing home, the cost of care can be financially devastating. Many families are simply unable to afford long-term care without applying for Medicaid.
Ethan Huizenga February 3, 2021
Caring for a Loved One from a Distance
If you are caregiving from a distance (you live here and your parent or other loved one is in another state, a distant city or as close as an hour away), it can be even more daunting than doing it in your home.
Ethan Huizenga October 27, 2020
Asset Protection and the No-Good Son-in-Law
My daughter, my only child, recently married a nice man. However, he is not responsible with his finances. I don’t want my son-in-law to have any access to her money or through a divorce via equitable distribution.
Ethan Huizenga September 24, 2020
Tapping an Inherited IRA?
When a loved one dies, any leftover IRA funds they had, goes to whomever they labeled as beneficiaries. If you’re a beneficiary, you have to decide how you’re going to use it—a decision that’s a little more complicated this year than it normally is.
Ethan Huizenga June 22, 2020
Do You Need a Testamentary Trust?
Utilization of a testamentary trust for the surviving spouse is an excellent idea, whether the survivor is the husband or wife.
Ethan Huizenga May 28, 2020
Devils, Details, and Deadlines: Performing the Attribution of Resources
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Ethan Huizenga April 2, 2019
