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One advantage of inheriting an IRA from your spouse is that you’re entitled to transfer the funds to a spousal rollover IRA. The rollover IRA is treated as your own IRA for tax purposes, which means you need not begin taking required minimum distributions (RMDs) until you reach age 72….
Many people, when planning their estates, simply divide their assets equally among their children. But “equal” may not necessarily mean “fair.” It all depends on your family’s circumstances. Specifically, providing for grandchildren is one area where equal treatment may inadvertently result in unfairness. Consider this scenario Bob has two adult…
If you have minor children, choosing a guardian to care for them should you die unexpectedly is one of the most important estate planning decisions you must make. It’s also one of the most difficult. So difficult, in fact, that avoiding it is one of the most common reasons people…
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“What can I not say about Virginia Ryan? As CEO of my own company, I have had the pleasure of working with Virginia for two years. She started helping us by reviewing all of our contracts as a trusted advisor. After much misguidance by other counsel we were able to convince Virginia to play a larger role and to become our lead counsel. We’ve never looked back. Virginia’s attention to detail continues to be ever prominent with each contract we write and sign. Her calm nature always puts my partners and I at ease. The level at which her patience stands while explaining every detail, often repeatedly, is remarkable. While I would prefer that Virginia stay with just us as her sole client, I understand her desire to help other companies like ours find their way. Virginia is a very educated and talented attorney who cares a great deal about her clients.”