Serving Queen Creek, Gilbert, Mesa, San Tan and the entire East Valley
There is a massive movement of money going on right under our nose. It’s not illegal or unethical. However, it’s fraught with peril.
A not uncommon estate planning scenario is an elderly parent who lives with an adult child, either at the parent(s)’s home or at the child’s home.
A qualified charitable distribution is a direct transfer of traditional IRA funds to a qualified charity.
When the 7520 rate is low—as it has been for 15 years—opportunities for good planning abound. However, what about when the rate is high? Few estate planners have needed to ask themselves that question until very recently.