I was the beneficiary of my late wife’s IRA and 401 (k) — but I want our kids to get the cash. Do I still have to take ...

The end of the year is a time when families often gather together. Although these gatherings may keep you busy, this could be a good time to think about the future and make sure that you have ...

A life insurance policy’s premiums were held nondeductible by a dentist’s practice, and its increase in cash value was taxable income to the dentist.

You are a non-resident of Canada for income tax purposes if you meet either of the following conditions: You normally, customarily, or routinely live in another country and are not considered a ...

Federal law enforcement agencies are monitoring for threats ahead of Charlie Kirk's funeral in Arizona this weekend, according to a new report. They are "tracking several threats of unknown ...

When it comes to estate planning, a will or a trust often receives the most attention. However, the simple act of naming a beneficiary to inherit assets in your 401(k), IRA, or savings account, or the ...

Getting your estate plan right isn’t just about paperwork—it’s about making sure your assets land in the hands of the right people. Estate forecast errors can easily derail your intentions, leaving ...

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 ...

Choose beneficiaries to avoid probate and delays. Insurance policies allow primary and contingent designations. Bank accounts can use POD or TOD for easy transfer. Retirement plans may require spousal ...

Passing your assets to the next generation can be simple or it can be complicated, but even the simplest estate plan usually involves more than just a will. A good example is if you have a retirement ...