January 23, 2024
IRAs and “Higher Education Expenses”
A traditional IRA can be used to help pay for post-high school education expenses without incurring a penalty. But that is not the best use of those retirement funds.
Read MoreJanuary 23, 2024
A traditional IRA can be used to help pay for post-high school education expenses without incurring a penalty. But that is not the best use of those retirement funds.
Read MoreJanuary 18, 2024
There is no rush to open a solo 401(k) account by the end of 2023. But there may still be a deadline.
Read MoreJanuary 17, 2024
An irrevocable Trust cannot own real estate as a joint tenant with full rights of survivorship.
Read MoreJanuary 11, 2024
A trustee has a duty to collect assets from the decedent’s probate estate if unreasonably withheld.
Read MoreJanuary
The 50% penalty imposed on the failure to take a required minimum distribution (RMD) from an inherited retirement account just got waived for three years for some designated beneficiaries.
Read MoreJanuary 8, 2024
The SECURE Act 2.0 provided us with many new provisions which became effective on January 1, 2024.
Read MoreJanuary 3, 2024
With higher interest rates and expected lower market returns, it is time to reconsider some conventional wealth-shifting strategies for 2024.
Read MoreDecember 28, 2023
Michigan currently is looking into the adoption of the Uniform Premarital and Marital Agreements Act with the intent to provide a level of consistency when it comes to the enforcement of prenuptial and postnuptial agreements.
Read MoreDecember 27, 2023
When a trustee dies, the duty to inform and account passes to the trustee’s estate representatives.
Read MoreDecember 26, 2023
What follows is a last look at what happened in 2023 regarding retirement plan contributions, distributions and decisions that impact saving for retirement.
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