There are two systems of taxation in this country...
One
for the, informed, and one for the uninformed.
Supreme Court Justice
Learned Hand
Even if you have heard of the, stretch IRA and even implemented the strategy is still may not happen. Why? Because the beneficiaries have to know how to administer the Stretch IRA. We have found the number of beneficiaries that do not stretch their IRAs to be rather high (about 9 out of 10 do not stretch). The reason... They simply did not know about it. They were uninformed. This is why we have created the, IRA Estate Planner.
Inside
the “IRA Estate Planner™”... Each section of the IRA estate plan was created to inform all parties involved in the
IRA estate planning with the knowledge and actions required
to preserve, protect and perpetuate the IRA legacy
you envisioned.
The IRA INSIGHTS section contains the most
significant aspects of IRA estate planning and the benefits
of the stretch IRA. It has been written in layman's terms to make understanding the complex tax walls
surrounding the IRA in the estate as simple as possible. It
is an excellent IRA estate planning resource for you and your family.
Within
the section marked SETTLEMENT INSTRUCTIONS are the steps and thought processes that your executor, trustee, or beneficiaries will
be faced with when you are gone. It contains critical dates, points
out common mistakes and prepares your heirs with the process of
settling the IRA. Having an understanding of the steps ahead for all of those involved can be useful in avoiding costly mistakes during an emotional time for heirs.
settling the IRA. Having an understanding of the steps ahead for all of those involved can be useful in avoiding costly mistakes during an emotional time for heirs.
THE DOCUMENTS section provides a central
location to organize your IRA estate. By placing your statements,
beneficiary designation forms and listing of accounts here,
you have put all of the information your executor, trustee and
beneficiary needs at their fingertips. Should you decide to leave
your family a special message, a section has been created for that
purpose entitled
The FAMILY ILLUSTRATION illuminates the financial
possibilities of what you're stretch IRA legacy can become. This
illustration lays out what the required minimum distribution options would be for each family member if your IRA passed to the next
generation.
Our office is located at, 4101 Lake Boone Trail, Raleigh NC 27529.