Blog Posts in December, 2015
Posted on Dec 28, 2015 By The Presser Law Firm, P.A.
As unfortunate as this circumstance is, disasters (whether natural or man-made) happen daily. You should always plan for worst-case scenario, no matter how remote the possibility. In the case of this ...
Continue reading "How do I plan for a disaster where all of my intended beneficiaries pass away?" »
Posted on Dec 21, 2015 By The Presser Law Firm, P.A.
To begin, add spendthrift provisions to your plan. Not every plan has this. Secondly, don’t be the plan’s sole trustee. Add another trustee. It can be your spouse. Thirdly, don’t ...
Continue reading "How should I proceed to better protect my IRA and Keogh plans?" »
Posted on Dec 14, 2015 By The Presser Law Firm, P.A.
For some people who do have sizeable claims and equally sizeable unprotected retirement accounts, an alternative may be to relocate and invest the proceeds in a homestead. When you’re at risk of ...
Continue reading "Do people with exposed IRAs ever liquidate their exposed IRAs and invest the proceeds in fully homestead protected homes - such as in Texas and Florida?" »
Posted on Dec 7, 2015 By The Presser Law Firm, P.A.
If your IRA can be imminently seized and bankruptcy isn’t a good alternative, your most practical solution may be to terminate your IRA, and pay the tax and early withdrawal penalty. You can ...
Continue reading "When is it sensible to liquidate my IRA rather than lose it to a creditor?" »